메뉴 건너뛰기




Volumn 18, Issue 1, 2010, Pages 18-31

Board supervision capability and information transparency

Author keywords

Board Compensation; Corporate Governance; Independent Director; Transparency

Indexed keywords


EID: 74849125788     PISSN: 09648410     EISSN: 14678683     Source Type: Journal    
DOI: 10.1111/j.1467-8683.2009.00779.x     Document Type: Article
Times cited : (61)

References (47)
  • 3
    • 20444470173 scopus 로고    scopus 로고
    • The association between outside directors, institutional investors, and the properties of management earnings forecasts
    • Ajinkya, B., Bhojraj, S. Sengupta, P. 2005. The association between outside directors, institutional investors, and the properties of management earnings forecasts. Journal of Accounting Research, 43 : 343 376.
    • (2005) Journal of Accounting Research , vol.43 , pp. 343-376
    • Ajinkya, B.1    Bhojraj, S.2    Sengupta, P.3
  • 4
    • 0030305316 scopus 로고    scopus 로고
    • An empirical investigation of the relation between board of director composition and financial statement fraud
    • Beasley, M. 1996. An empirical investigation of the relation between board of director composition and financial statement fraud. Accounting Review, 71 : 443 460.
    • (1996) Accounting Review , vol.71 , pp. 443-460
    • Beasley, M.1
  • 5
    • 0013301693 scopus 로고    scopus 로고
    • The relationship between board characteristics and voluntary improvements in audit committee composition and experience
    • Beasley, M. Salterio, S. 2001. The relationship between board characteristics and voluntary improvements in audit committee composition and experience. Contemporary Accounting Research, 18 : 539 570.
    • (2001) Contemporary Accounting Research , vol.18 , pp. 539-570
    • Beasley, M.1    Salterio, S.2
  • 6
    • 32144457431 scopus 로고    scopus 로고
    • Incentive compensation for bank directors: The impact of deregulation
    • Becher, D. A., Campbell, T. L. Frye, M. B. 2005. Incentive compensation for bank directors: The impact of deregulation. Journal of Business, 78 : 1753 1777.
    • (2005) Journal of Business , vol.78 , pp. 1753-1777
    • Becher, D.A.1    Campbell, T.L.2    Frye, M.B.3
  • 10
    • 0034348046 scopus 로고    scopus 로고
    • Audit committee composition and auditor reporting
    • Carcello, J. V. Neal, T. L. 2000. Audit committee composition and auditor reporting. Accounting Review, 75 : 453 467.
    • (2000) Accounting Review , vol.75 , pp. 453-467
    • Carcello, J.V.1    Neal, T.L.2
  • 11
    • 0141907398 scopus 로고    scopus 로고
    • Audit committee independence and disclosure: Choice for financially distressed firms
    • Carcello, J. V. Neal, T. L. 2003. Audit committee independence and disclosure: Choice for financially distressed firms. Corporate Governance: An International Review, 11 : 289 299.
    • (2003) Corporate Governance: An International Review , vol.11 , pp. 289-299
    • Carcello, J.V.1    Neal, T.L.2
  • 12
    • 0001650996 scopus 로고    scopus 로고
    • Corporate governance, chief executive officer compensation, and firm performance
    • Core, J. E., Holthausen, R. W. Larcker, D. F. 1999. Corporate governance, chief executive officer compensation, and firm performance. Journal of Financial Economics, 51 : 371 406.
    • (1999) Journal of Financial Economics , vol.51 , pp. 371-406
    • Core, J.E.1    Holthausen, R.W.2    Larcker, D.F.3
  • 13
    • 18144423169 scopus 로고    scopus 로고
    • Does the market value financial expertise on audit committees of boards of directors?
    • Defond, M. L., Hann, R. H. Hu, X. 2005. Does the market value financial expertise on audit committees of boards of directors? Journal of Accounting Research, 43 : 153 193.
    • (2005) Journal of Accounting Research , vol.43 , pp. 153-193
    • Defond, M.L.1    Hann, R.H.2    Hu, X.3
  • 14
    • 2442439827 scopus 로고    scopus 로고
    • Investor protection and corporate governance: Evidence from worldwide CEO turnover
    • Defond, M. L. Hung, M. 2004. Investor protection and corporate governance: Evidence from worldwide CEO turnover. Journal of Accounting Research, 42 : 269 312.
    • (2004) Journal of Accounting Research , vol.42 , pp. 269-312
    • Defond, M.L.1    Hung, M.2
  • 15
    • 0036334425 scopus 로고    scopus 로고
    • The ultimate ownership of western European corporations
    • Faccio, M. Lang, L. 2002. The ultimate ownership of western European corporations. Journal of Financial Economics, 65 : 365 395.
    • (2002) Journal of Financial Economics , vol.65 , pp. 365-395
    • Faccio, M.1    Lang, L.2
  • 17
    • 32144453308 scopus 로고    scopus 로고
    • The impact of stock-option compensation for outside director on firm value
    • Fich, E. M. Shivdasani, A. 2005. The impact of stock-option compensation for outside director on firm value. The Journal of Business, 78 (6 22 29.
    • (2005) The Journal of Business , vol.78 , Issue.6 , pp. 22-29
    • Fich, E.M.1    Shivdasani, A.2
  • 18
    • 43949176471 scopus 로고
    • Additional evidence on the association between investment opportunity set and corporate financing, dividend, and compensation policies
    • Gaver, J. J. Gaver, K. M. 1993. Additional evidence on the association between investment opportunity set and corporate financing, dividend, and compensation policies. Journal of Accounting and Economics, 16 : 125 160.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 125-160
    • Gaver, J.J.1    Gaver, K.M.2
  • 19
    • 74849083665 scopus 로고    scopus 로고
    • Audit committees, boards of directors, and remediation of material weaknesses in internal control
    • Goh, B. W. 2009. Audit committees, boards of directors, and remediation of material weaknesses in internal control. Contemporary Accounting Research, 26 : 549 579.
    • (2009) Contemporary Accounting Research , vol.26 , pp. 549-579
    • Goh, B.W.1
  • 20
    • 0344153909 scopus 로고    scopus 로고
    • Institutional investors and executive compensation
    • Hartzell, J. C. Starks, L. T. 2003. Institutional investors and executive compensation. Journal of Finance, 58 : 2351 2374.
    • (2003) Journal of Finance , vol.58 , pp. 2351-2374
    • Hartzell, J.C.1    Starks, L.T.2
  • 21
    • 0000388461 scopus 로고    scopus 로고
    • Stock performance and intermediation changes surrounding increases in disclosure
    • Healy, P. M., Hutton, A. P. Palepu, K. G. 1999. Stock performance and intermediation changes surrounding increases in disclosure. Contemporary Accounting Research, 16 : 435 520.
    • (1999) Contemporary Accounting Research , vol.16 , pp. 435-520
    • Healy, P.M.1    Hutton, A.P.2    Palepu, K.G.3
  • 22
    • 0012319054 scopus 로고    scopus 로고
    • Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature
    • Healy, P. M. Palepu, K. G. 2001. Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature. Journal of Accounting and Economics, 31 : 405 440.
    • (2001) Journal of Accounting and Economics , vol.31 , pp. 405-440
    • Healy, P.M.1    Palepu, K.G.2
  • 23
    • 84977344805 scopus 로고
    • Outside director compensation and firm performance
    • Hempel, P. Fay, C. 1994. Outside director compensation and firm performance. Human Resource Management, 33 : 111 133.
    • (1994) Human Resource Management , vol.33 , pp. 111-133
    • Hempel, P.1    Fay, C.2
  • 24
    • 67650482307 scopus 로고    scopus 로고
    • Complementarity in monitoring and bonding: More intense monitoring leads to higher executive compensation
    • Hoskisson, R. E., Castleton, M. W. Withers, M. C. 2009. Complementarity in monitoring and bonding: More intense monitoring leads to higher executive compensation. Academy of Management Perspectives, 23 (2 57 74.
    • (2009) Academy of Management Perspectives , vol.23 , Issue.2 , pp. 57-74
    • Hoskisson, R.E.1    Castleton, M.W.2    Withers, M.C.3
  • 25
    • 84993848601 scopus 로고
    • The modern industrial revolution, exit, and the failure of internal control systems
    • Jensen, M. C. 1993. The modern industrial revolution, exit, and the failure of internal control systems. Journal of Finance, 48 : 831 880.
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.C.1
  • 26
    • 0000785968 scopus 로고
    • Outside directorships and corporate performance
    • Kaplan, S. N. Reishus, D. 1990. Outside directorships and corporate performance. Journal of Financial Economics, 27 : 389 410.
    • (1990) Journal of Financial Economics , vol.27 , pp. 389-410
    • Kaplan, S.N.1    Reishus, D.2
  • 27
  • 28
    • 0006178745 scopus 로고    scopus 로고
    • Firm performance and board committee structures
    • Klein, A. 1998. Firm performance and board committee structures. Journal of Law and Economics, 41 : 275 303.
    • (1998) Journal of Law and Economics , vol.41 , pp. 275-303
    • Klein, A.1
  • 29
    • 0036331491 scopus 로고    scopus 로고
    • Audit committee, board of director characteristics, and earnings management
    • Klein, A. 2002. Audit committee, board of director characteristics, and earnings management. Journal of Accounting and Economics, 33 : 375 400.
    • (2002) Journal of Accounting and Economics , vol.33 , pp. 375-400
    • Klein, A.1
  • 30
    • 51949114354 scopus 로고    scopus 로고
    • Does the sox definition of an accounting expert matter? the association between audit committee directors' accounting expertise and accounting conservatism
    • Krishnan, G. V. Visvanathan, G. 2008. Does the sox definition of an accounting expert matter? The association between audit committee directors' accounting expertise and accounting conservatism. Contemporary Accounting Research, 25 : 827 857.
    • (2008) Contemporary Accounting Research , vol.25 , pp. 827-857
    • Krishnan, G.V.1    Visvanathan, G.2
  • 31
    • 67650751609 scopus 로고    scopus 로고
    • Board committees, CEO compensation, and earnings management
    • Laux, C. Laux, V. 2009. Board committees, CEO compensation, and earnings management. The Accounting Review, 84 : 869 891.
    • (2009) The Accounting Review , vol.84 , pp. 869-891
    • Laux, C.1    Laux, V.2
  • 32
    • 23844533662 scopus 로고    scopus 로고
    • Outside director compensation policy and the investment opportunity set
    • Linn, S. C. Park, D. 2005. Outside director compensation policy and the investment opportunity set. Journal of Corporate Finance, 11 : 680 715.
    • (2005) Journal of Corporate Finance , vol.11 , pp. 680-715
    • Linn, S.C.1    Park, D.2
  • 33
    • 0000207706 scopus 로고
    • Executive compensation structure, ownership, and firm performance
    • Mehran, H. 1995. Executive compensation structure, ownership, and firm performance. Journal of Financial Economics, 38 : 163 184.
    • (1995) Journal of Financial Economics , vol.38 , pp. 163-184
    • Mehran, H.1
  • 34
    • 0012603573 scopus 로고    scopus 로고
    • Linking pay to performance - Compensation proposals in the S&P 500
    • Morgan, A. G. Poulsen, A. B. 2002. Linking pay to performance - compensation proposals in the S&P 500. Journal of Financial Economics, 62 : 489 523.
    • (2002) Journal of Financial Economics , vol.62 , pp. 489-523
    • Morgan, A.G.1    Poulsen, A.B.2
  • 35
    • 84986037846 scopus 로고    scopus 로고
    • Breakthrough board performance: How to harness your board's intellectual capital
    • Nicholson, G. J. Kiel, G. C. 2004. Breakthrough board performance: How to harness your board's intellectual capital. Corporate Governance, 4 : 5 23.
    • (2004) Corporate Governance , vol.4 , pp. 5-23
    • Nicholson, G.J.1    Kiel, G.C.2
  • 36
    • 45749116535 scopus 로고    scopus 로고
    • Three conceptual models of board role performance
    • Ong, C. H. Wan, D. 2008. Three conceptual models of board role performance. Corporate Governance, 8 : 317 329.
    • (2008) Corporate Governance , vol.8 , pp. 317-329
    • Ong, C.H.1    Wan, D.2
  • 37
    • 20444458709 scopus 로고    scopus 로고
    • The best CFOs in America
    • Osterland, A. 2004. The best CFOs in America. Institutional Investor, 38 : 26 36.
    • (2004) Institutional Investor , vol.38 , pp. 26-36
    • Osterland, A.1
  • 38
    • 77249125301 scopus 로고    scopus 로고
    • Audit committee composition, "gray directors," and interaction with internal auditing
    • Raghunandan, K., Read, W. J. Rama, D. V. 2001. Audit committee composition, "gray directors," and interaction with internal auditing. Accounting Horizon, 15 (2 105 118.
    • (2001) Accounting Horizon , vol.15 , Issue.2 , pp. 105-118
    • Raghunandan, K.1    Read, W.J.2    Rama, D.V.3
  • 39
    • 85016701445 scopus 로고
    • Executive compensation, organizational effectiveness, social performance, and firm performance: An empirical investigation
    • Riahi-Belkaoui, A. 1992. Executive compensation, organizational effectiveness, social performance, and firm performance: An empirical investigation. Journal of Business Finance & Accounting, 19 (1 25 38.
    • (1992) Journal of Business Finance & Accounting , vol.19 , Issue.1 , pp. 25-38
    • Riahi-Belkaoui, A.1
  • 40
    • 0041109809 scopus 로고
    • Why sane people shouldn't serve on public boards
    • Sahlman, W. A. 1990. Why sane people shouldn't serve on public boards. Harvard Business Review, 68 (3 28 36.
    • (1990) Harvard Business Review , vol.68 , Issue.3 , pp. 28-36
    • Sahlman, W.A.1
  • 41
    • 74849092516 scopus 로고    scopus 로고
    • Sarbanes-Oxley Act of 2002 (SOX) Public Law 107-204. 107th Congress, 2d Session, July 24, 2002. Available on Congress.Gov
    • Sarbanes-Oxley Act of 2002 (SOX) Public Law 107-204. 107th Congress, 2d Session, July 24, 2002. Available on Congress.Gov.
  • 42
    • 0010791283 scopus 로고
    • Top management compensation and corporate performance
    • Sethi, S. P. Namiki, N. 1987. Top management compensation and corporate performance. The Journal of Business Strategy, 7 (4 37 43.
    • (1987) The Journal of Business Strategy , vol.7 , Issue.4 , pp. 37-43
    • Sethi, S.P.1    Namiki, N.2
  • 43
    • 2342505938 scopus 로고
    • The investment opportunity set and corporate financing, dividend, and compensation policies
    • Smith, Jr., C. W. Watts, R. L. 1992. The investment opportunity set and corporate financing, dividend, and compensation policies. Journal of Financial Economics, 32 : 263 292.
    • (1992) Journal of Financial Economics , vol.32 , pp. 263-292
    • Smith Jr., W.C.1    Watts, R.L.2
  • 45
    • 1642395794 scopus 로고    scopus 로고
    • Good business and good business
    • Stewart, T. A. 2003. Good business and good business. Harvard Business Review, 81 (3 10.
    • (2003) Harvard Business Review , vol.81 , Issue.3 , pp. 10
    • Stewart, T.A.1
  • 47
    • 4344638635 scopus 로고    scopus 로고
    • Remuneration, retention, and reputation incentives for outside directors
    • Yermack, D. 2004. Remuneration, retention, and reputation incentives for outside directors. The Journal of Finance, 59 : 2281 2308.
    • (2004) The Journal of Finance , vol.59 , pp. 2281-2308
    • Yermack, D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.