Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature

By Lorne Jeremy Zeiler. 2004

334 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b4a2f890416db3cb6d2fcf44c987e844c27f3fdc

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Citations in the corpus

The influence of CEO demographic characteristics on corporate risk-taking: evidence from Chinese IPOs (2016, background): “We agree with Boone et al. (2007) and Hermalin and Weisbach (2003) that there are several advantages of studying IPOs’ board characteristics.”
Governance and Performance of Microfinance Institutions in Mediterranean Countries (2009, background): “However, since latest studies (Hermalin and Weisbach 2003) identify the complementarities, and the correlation between these mechanisms, this study will investigate the impact of the majority of these mechanisms excluding ownership due to lack of data on ownership structure.”
Board Diversity and Corporate Social Responsibility: Empirical Evidence from France (2020, background): “The presence of independent directors has been widely discussed (Hermalin and Weisbach 2003).”
Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance (2012, background): “See, e.g., Kedia and Rajgopal (2009), Hochberg and Lindsey (2010), Becker, Cronqvist, and Fahlenbrach (2010), and Knyazeva, Knyazeva, and Masulis (2011).”
Risk Management, Corporate Governance, and Bank Performance in the Financial Crisis (2012, methodology): “The choice of control variables is based on Laeven and Levine (2007), Beltratti and Stulz (2010), and Fahlenbrach and Stulz (2011), and partly dictated by data availabil-”
Governance and Performance of Microfinance Institutions in Central and Eastern Europe and the Newly Independent States (2005, background): “The microfinance institution (MFI) has evolved as a result of the efforts of committed individuals and assistance agencies to reduce poverty by promoting self-employment and entrepreneurship.”
Doing Good Business by Hiring Directors with Foreign Experience (2016, background): “The board of directors plays two important roles in publicly listed firms: monitoring and advising managers (Hermalin and Weisbach 1991, 1998, 2003; Klein 1998; Mehran 1995).”
The Effect of Board Structure on Firm Value: A Multiple Identification Strategies Approach Using Korean Data (2012, methodology): “…Institute Finance Working Paper No. 179/2007 This paper can be downloaded without charge from the Social Science Research Network electronic library at: http:// ssrn.com/abstract=968287 USC FBE FINANCE SEMINAR presented by Bernard Black FRIDAY, December 14, 2007 10:30 am – 12:00 pm, Room: HOH-304”
Monitoring Managers: Does it Matter? (2013, positive): “This is comparable to holding periods in U.S. VC funds (see Gompers (1995)).”