Co-opted directors, gender diversity, and crash risk: evidence from China
Sign Up to like & getrecommendations! Published in 2019 at "Review of Quantitative Finance and Accounting"
DOI: 10.1007/s11156-019-00850-3
Abstract: This study examines how the composition of the board of directors at Chinese firms affects crash risk. The results indicate that co-opted directors (i.e., directors appointed after the CEO assumed office) have a positive and… read more here.
Keywords: crash risk; risk; gender diversity; opted directors ... See more keywords
The effect of co-opted directors on firm risk during a stressful time: Evidence from the financial crisis
Sign Up to like & getrecommendations! Published in 2020 at "Finance Research Letters"
DOI: 10.1016/j.frl.2020.101538
Abstract: Abstract Co-opted directors are those appointed after the incumbent CEO assumes office. Prior research shows that co-opted directors affect the quality of board monitoring. We explore how co-opted directors influence firm risk during a stressful… read more here.
Keywords: risk; opted directors; firm risk; risk stressful ... See more keywords