We synthesise the empirical literature on the determinants and consequences of financial
distress, critique the findings and offer suggestions for future research. We categorise these …

This paper comprehensively reviews the current body of international accounting literature
regarding advisory/monitoring committees and corporate outcomes. Specifically, it …

We examine the benefits and costs associated with foreign independent directors (FIDs) at
US corporations. We find that firms with FIDs make better cross-border acquisitions when the …

Divergent views exist about whether boards must tradeoff advising for monitoring
performance when utilizing outside versus inside directors. We suggest a dichotomous …

We study the optimal composition of corporate boards. Directors can be either monitoring or
advisory types. Monitoring constrains the empire-building tendency of chief executive …

Boards of directors are intellectually interesting; the literature on boards has academic
impact and there is substantial scope for this literature to have policy impact. I illustrate these …

Firms routinely justify CEO compensation by benchmarking against companies with highly
paid CEOs. We examine whether the 2006 regulatory requirement of disclosing …

This paper studies whether board connectedness affects corporate innovation. We find that
well-connected boards have a positive effect on innovation activities and quality. The effect …

Abstract Research Question/Issue Information processing, agency, and resource
dependence perspectives provide diverging predictions regarding the relationship between …

We document and analyze board committee structures utilizing a novel dataset containing
full board committee membership for over 6,000 firms. Board committees provide benefits …