Determinants of the Size and Composition of US Corporate Boards: 1935-2000

By K. Lehn, Sukesh Patro, Mengxin Zhao. 2009

418 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6a6fb6f36dea1aa2189f203dfac4f2ba14dbea28

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Citations in the corpus

Endogeneity and the Dynamics of Internal Corporate Governance (2012, background): “While there is strong empirical evidence in the literature suggesting that this is the case (e.g., Boone et al., 2007; Linck et al., 2008; Lehn et al., 2009), not all of these studies control for all the major sources of endogenity in the board/structure performance relation that we…”
Corporate Governance and Institutional Ownership (2010, neutral): “Boone, Field, Karpoff, and Raheja (2007), Linck, Netter, and Yang (2008), and Lehn, Patro, and Zhao (2009) make similar arguments and provide evidence that the firm’s operational complexity is one of the important determinants of board characteristics.”
Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance (2012, background): “Adams and Ferreira (2007) and Harris and Raviv (2008) develop theories of the dual role of boards, and Boone, Field, Karpoff, and Raheja (2007), Coles, Daniel, and Naveen (2008), Linck, Netter, and Yang (2008), and Lehn, Patro, and Zhao (2009) provide supporting empirical evidence.”
Endogenously Structured Boards of Directors in Banks (2010, background): “Thus, for large and diversified banks, additional board members and possibly more independent directors are required to monitor management (Boone et al. 2007, p.70) and to advise on new product markets, technology, regulations, M&A and so forth (Lehn et al. 2009, p.4).”
The Role of Information and Financial Reporting in Corporate Governance and Debt Contracting (2010, methodology): “In addition to the costly state verification and incomplete contracting frameworks, there have been a variety of additional theoretical advances in the debt contracting literature. Rather than attempt to summarize these theoretical developments, we direct interested readers to surveys by Roberts and”
Audit quality, debt financing, and earnings management: Evidence from Jordan (2017, background): “The rationale for fixed-effects (industry) is that the control of a fundamental economic environment could also influence the structure of corporate governance (Lehn et al., 2009).”
Independent Director Reputation Incentives and Stock Price Informativeness (2017, background): “However, it is recognized in the literature that corporate information environment may influence attributes of a firm’s board structure (e.g. Coles et al., 2008; Linck et al., 2008; Lehn et al., 2009).”