Board composition and firm value under concentrated ownership: the Canadian evidence

By John Erickson, Yun W. Park, Joseph J. Reising, Hyun-Han Shin. 2005

165 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.

Board Independence, Ownership Structure and the Valuation of IPOs in Continental Europe (2014, unknown): “Models (1–3) test for the Value Creation effect of Board Independence, interacted with HTKIS, a dummy variable equal to 1 for IPOs belonging to high- and medium-tech manufacturing sectors and knowledge-intensive service industries (Eurostat, 2009). Model (1) refers to the full sample, Model (2) to t”
Board of Directors, Audit Committee Characteristics and the Performance of Saudi Arabia Listed Companies (2012, background): “Moreover, Erickson et al. (2005) asserted that independent directors can reduce agency problems.”
The Effect of Board Structure on Firm Value: A Multiple Identification Strategies Approach Using Korean Data (2012, methodology): “Bhagat and Black (2002) and Erickson et al. (2005) report evidence that the negative relationship reflects reverse causation, in which firms which experience poor performance increase the independence of their boards.”
Effect of board size and promoter ownership on firm value: some empirical findings from India (2013, background): “A corporate board is delegated with the task of monitoring the performance, and activities of the top management to ensure that latter acts in the best interests of all the shareholders (Jensen and Meckling, 1976; Erickson et al., 2005).”