Endogeneity and the corporate governance - performance relation

By Emma Schultz, David Tan, Kathleen Walsh. 2010

322 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/77e2c2347ae1150a827c3392f60eb8fe81a6ae69

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Citations in the corpus

Dealing with endogeneity bias: The generalized method of moments (GMM) for panel data (2018, methodology): “1itROA indicates one lag of the dependent variable ROA (previous year performance), and 2itROA denotes second lag of the dependent variable, representing performance in the year before previous year.”
Gender diversity and firm performance: evidence from India and Singapore (2019, background): “Following the suggestion of Schultz, Tan, and Walsh (2010) and Munisi and Randøy (2013), company performance is affected by not only board attributes but several other firm characteristics.”
Corruption, Types of Corruption and Firm Financial Performance: New Evidence from a Transitional Economy (2018, methodology): “Following Schultz et al. (2010), the test is conducted on the levels equation of firm performance and corruption.”
Audit committee characteristics and firm performance during the global financial crisis (2012, unknown): “…over the test period, goes some way to addressing the endogeneity problems often cited in governance research (Bhagat and Bolton 2008; Black et al. 2006; Brown et al. 2011; De Andres et al. 2005; Dwivedi and Jain 2005; Miller et al. 2007; Ozkan and Ozkan 2004; Schultz et al. 2010; Welch 2003).”
Firm performance, corporate governance and executive compensation in Pakistan (2018, methodology): “Before proceeding, we first test the endogeneity of the regressors using Durbin–Wu–Hausman test for endogeneity of all the regressors following Schultz, Tan, and Walsh (2010) and Nguyen, Locke, and Reddy (2015).”
Ownership concentration and corporate performance from a dynamic perspective: Does national governance quality matter? (2015, methodology): “market (Pham et al., 2011; Schultz et al., 2010), but significant for the Japanese market (Yabei & Izumida, 2008).”
Endogeneity in Accounting and Finance Research: Natural Experiments as a State-of-the-Art Solution (2015, unknown): “Schultz et al. (2010) compare a variety of econometric techniques to examine the governance/performance relationship.”
Does Boardroom Gender Diversity Matter? Evidence from a Transitional Economy (2015, methodology): “This result, once again, supports the argument of Schultz et al. (2010) and Wintoki et al. (2012), among others, that taking the dynamic nature of the relationship between CG and FP into consideration is essential to ensure the reliability of causal inferences.”
Corporate governance and alternative performance measures: evidence from Australian firms (2011, unknown): “However, all measure corporate governance mechanisms at a single point in time, consider only a few years of performance data and use OLS regression, the exception is Schultz et al. (2010).”