Board composition and corporate governance-A multivariate analysis of listed Danish firms

European Journal of Law and Economics

Volumn 21, Issue 2, 2006, Pages 113-127

  Rose, Casper ^a  

^a Copenhagen Business School ^*  (Denmark)

Author keywords

Board composition; Corporate governance; Corporate law; Multivariate analysis

Indexed keywords

EID: 33644891378     PISSN: 09291261     EISSN: None     Source Type: Journal    
DOI: 10.1007/s10657-006-6645-2     Document Type: Article

References (22)

1. Adams, Renee & Ferreira, Daniel (2004). "Diversity and Incentives in Teams: Evidence from Corporate Boards." Working paper from Stockholm School of Economics.
2. Bhagat, Sanjai & Black, Bernard (1998). "The Relationship Between Board Composition and Firm Performance." In Klaus J. Hopt. (ed.), Comparative Corporate Governance. The State of the Art and Emerging Research. pp. 281-306
3. Borokhovich, Kenneth, Parino, Robert & Trapni, Teresa (1996). "Outside Directors and CEO Selection." Journal of Financial and Quantitative Analysis. 31, 337-355.
4. Blair, M. Margaret (1995). Ownership and Control. Rethinking Corporate Governance for the Twenty-first Century. The Brookings Institution.
5. Carter, David A., Simkins, Betty J. & Simpson, W. Gary (2003) "Corporate Governance, Board Diversity and Firm Value." Financial Review. 38 33-53.
6. Chatfield, Christopher & Collins, Alexander J. (1989). Introduction to Multivariable Analysis. Chapman and Hall.
7. Dowen, R. J. (1995). "Board of Director Quality and Firm Performance." International Journal of the Economics of Business. 2, 123-132.
8. Easterbrook, Frank H. & Fischel, Daniel R. (1991). The Economic Structure of Corporate Law. Harvard University Press.
9. Erhardt, Niclas L., Werbel, James D. & Shrader, Charles B. (2003). "Board of Director Diversity and Firm Financial Performance." Corporate Governance. An International Review. 11, 102-111
10. Hermalin, Benjamin & Weisbach, Michael S. (1988). "The Determinants of Board Composition." Rand Journal of Economics. 19, 589-606
11. Hermalin, Benjamin & Weisbach, Michael S. (1991). "The Effects of Board Composition and Direct Incentives on Firm Performance." Financial Management. 20, 101-112
12. Hermalin, Benjamin & Weisbach, Michael S. (1998). "Endogenously Chosen Boards of Directors and Their Monitoring of the CEO." American Economic Review. 88, 96-118
13. Johnson, J., Daily, C. M. & Ellstrand, A. E. (1996). "Boards of Directors: A Review and Research Agenda." Journal of Management. 22, 409-438
14. Kaplan, Steven & Reishus, David (1990). "Outside Directorships and Corporate Performance" Journal of Financial Economics. 27, 389-410
15. Loderer, C & Martin, K. (1997). "Executive Stock Ownership and Performance, Tracking Faint Traces." Journal of Financial Economics. 45, 223-255
16. Mardia, K. V., Kent, J. T. & Bibby, J. M. (1999). Multivariable Analysis. Academic Press, Harcourt Brace Jovanovich, Publishers.
17. Monks, Robert A. G. & Minow, Nell (2000). Corporate. Governance. 2 edition. Blackwell Business
18. Prevost, Andrew K., Rao, Ramesh P. & Hossain, Mahmud (2002). "Determinants of Board Composition in New Zealand: A Simultaneous Equation Approach." Journal of Empirical Finance. 9, 373-397.
19. Rosenstein, Stuart & Wyatt, J. G. (1990). "Outside Directors, Board Independence and Shareholders Wealth." Journal of Financial Economics. 26, 175-191.
20. Shivdasani, Anil (1993). "Board Composition, Ownership Structure and Hostile Takeovers." Journal of Accounting and Economics 16, 167-198.
21. Weisbach, Michael S. (1988). "Outside Directors and CEO Turnover." Journal of Financial Economics. 20, 431-461.
22. Yermack, David (1996). "Higher Market Valuation of Companies with Small Board of Directors." Journal of Financial Economics. 40, 185-211.