The Effect of Board Structure on Firm Value: A Multiple Identification Strategies Approach Using Korean Data

409 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Do Independent Directors Cause Improvements in Firm Transparency (2014, background): “Consistent with this simultaneity, Brennan and Subrahmanyam (1995) show that a reduction in information asymmetry increases the number of analysts, but that that causality also runs in the opposite direction in that an increase in the number of analysts reduces information asymmetry.”
Dividends and economic policy uncertainty: International evidence (2021, positive): “(2015), who provide international evidence that political risk bears negatively on dividends, Bliss et al. (2015) and Attig et al.”
Shock-Based Causal Inference in Corporate Finance and Accounting Research (2015, methodology): “Here, the control group is drawn from firms which already complied with the new rule (pre- 47Consider Black and Kim (2012), who study a 1999 legal shock to the governance of large Korean firms.”
Corporate Social Performance and Firm Performance: Comparative Study among Developed and Emerging Market Firms (2019, background): “The announcements of reforms which involve board structure may lead to greater wealth effects for larger firms than for smaller firms [75].”
Does Corporate Social Responsibility (CSR) Create Shareholder Value? Evidence from the Indian Companies Act 2013 (2017, positive): “Recent applications of RDD in finance include Black and Kim (2006) who study Korean governance reforms, which apply to firms with assets greater than 2 trillion Korean Won, but not”