메뉴 건너뛰기




Volumn 38, Issue 1, 2003, Pages 33-53

Corporate governance, board diversity, and firm value

Author keywords

Board of directors; Corporate governance; Diversity; Financial value

Indexed keywords


EID: 84932126970     PISSN: 07328516     EISSN: 15406288     Source Type: Journal    
DOI: 10.1111/1540-6288.00034     Document Type: Article
Times cited : (2128)

References (30)
  • 1
    • 0030492391 scopus 로고    scopus 로고
    • Firm value and mechanisms to control agency problems between managers and shareholders
    • Agrawal, A., and C. R. Knoeber., 1996. Firm value and mechanisms to control agency problems between managers and shareholders, Journal of Financial and Quantitative Analysis 31, 377-397.
    • (1996) Journal of Financial and Quantitative Analysis , vol.31 , pp. 377-397
    • Agrawal, A.1    Knoeber, C.R.2
  • 2
    • 77958406983 scopus 로고
    • Corporate governance and the board of directors: Value effects of changes in board composition
    • Baysinger, B. D., and H. N. Butler., 1985. Corporate governance and the board of directors: Value effects of changes in board composition, Journal of Law, Economics and Organization 1, 101-124.
    • (1985) Journal of Law, Economics and Organization , vol.1 , pp. 101-124
    • Baysinger, B.D.1    Butler, H.N.2
  • 3
    • 0003940427 scopus 로고    scopus 로고
    • Board independence and long term firm value
    • Columbia Law School, The Center for Law and Economic Studies
    • Bhagat, S., and B. Black., 2000. Board independence and long term firm value. Working paperNo. 143, Columbia Law School, The Center for Law and Economic Studies.
    • (2000) Working paper , Issue.143
    • Bhagat, S.1    Black, B.2
  • 4
    • 0033410992 scopus 로고    scopus 로고
    • The uncertain relationship between board composition and firm value
    • Bhagat, S., and B. Black., 1999. The uncertain relationship between board composition and firm value, Business Lawyer 54, 921-963.
    • (1999) Business Lawyer , vol.54 , pp. 921-963
    • Bhagat, S.1    Black, B.2
  • 8
    • 85021870554 scopus 로고    scopus 로고
    • Letters to the Editor: CEO vs. Nun: It’s a Draw
    • August 12, Section A
    • Campbell, R. H., 1996. Letters to the Editor: CEO vs. Nun: It’s a Draw, Wall Street Journal, August 12, Section A.
    • (1996) Wall Street Journal
    • Campbell, R.H.1
  • 9
    • 21844519267 scopus 로고
    • A simple approximation of Tobin’s q
    • Chung, K. H., and S. W. Pruitt., 1994. A simple approximation of Tobin’s q, Financial Management 23, 70-74.
    • (1994) Financial Management , vol.23 , pp. 70-74
    • Chung, K.H.1    Pruitt, S.W.2
  • 10
    • 0002859207 scopus 로고
    • Managing cultural diversity: Implications for organizational competitiveness
    • Cox, T. H., and S. Blake., 1991. Managing cultural diversity: Implications for organizational competitiveness, Academy of Management Executive 5, 45-56.
    • (1991) Academy of Management Executive , vol.5 , pp. 45-56
    • Cox, T.H.1    Blake, S.2
  • 11
    • 0001847471 scopus 로고    scopus 로고
    • A decade of corporate women: Some progress in the board room, none in the executive suite
    • Daily, C. M., S. T. Certo., and D. R. Dalton., 1999. A decade of corporate women: Some progress in the board room, none in the executive suite, Strategic Management Journal 20, 93-99.
    • (1999) Strategic Management Journal , vol.20 , pp. 93-99
    • Daily, C.M.1    Certo, S.T.2    Dalton, D.R.3
  • 13
    • 0003503228 scopus 로고    scopus 로고
    • Boards of directors as an endogenously determined institution: A survey of the economic literature
    • University of Californiaat Berkeley
    • Hermalin, B. E., and M. S. Weisbach., 2000. Boards of directors as an endogenously determined institution: A survey of the economic literature. Working paper, University of Californiaat Berkeley.
    • (2000) Working paper
    • Hermalin, B.E.1    Weisbach, M.S.2
  • 14
    • 0001387430 scopus 로고
    • The effects of board composition and direct incentives on firm value
    • Hermalin, B. E., and M. W. Weisbach., 1991. The effects of board composition and direct incentives on firm value, Financial Management 20, 101-112.
    • (1991) Financial Management , vol.20 , pp. 101-112
    • Hermalin, B.E.1    Weisbach, M.W.2
  • 15
    • 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
  • 16
    • 33947247376 scopus 로고    scopus 로고
    • Shareholder benefits of diversity
    • University of Delaware
    • Keys, P. Y., P. A. Turner., and S. S. Friday., 2002. Shareholder benefits of diversity. Working paper, University of Delaware.
    • (2002) Working paper
    • Keys, P.Y.1    Turner, P.A.2    Friday, S.S.3
  • 17
    • 0142189462 scopus 로고    scopus 로고
    • The active board of directors and its effect on the value of the large publicly traded corporation
    • MacAvoy, P. W., and I. M. Millstein., 1999. The active board of directors and its effect on the value of the large publicly traded corporation, Journal of Applied Corporate Finance 11, 8-20.
    • (1999) Journal of Applied Corporate Finance , vol.11 , pp. 8-20
    • MacAvoy, P.W.1    Millstein, I.M.2
  • 18
    • 33645896609 scopus 로고
    • Management ownership and market valuation: An empirical analysis
    • Morck, R., A. Shleifer., and R. W. Vishny., 1988. Management ownership and market valuation: An empirical analysis, Journal of Financial Economics 20, 293-315.
    • (1988) Journal of Financial Economics , vol.20 , pp. 293-315
    • Morck, R.1    Shleifer, A.2    Vishny, R.W.3
  • 20
    • 0038803428 scopus 로고    scopus 로고
    • Incentive compensation for outside directors and CEO turnover
    • Arizona State University
    • Perry, T., 1999. Incentive compensation for outside directors and CEO turnover. Working paper, Arizona State University.
    • (1999) Working paper
    • Perry, T.1
  • 21
    • 0034340867 scopus 로고    scopus 로고
    • Racial diversity, business strategy, and firm value: A resource-based view
    • Richard, O. C., 2000. Racial diversity, business strategy, and firm value: A resource-based view, Academy of Management Journal 43, 164-177.
    • (2000) Academy of Management Journal , vol.43 , pp. 164-177
    • Richard, O.C.1
  • 23
    • 0000211393 scopus 로고
    • Outside directors, board independence, and shareholder wealth
    • Rosenstein, S., and J. G. Wyatt., 1990. Outside directors, board independence, and shareholder wealth, Journal of Financial Economics 26, 175-191.
    • (1990) Journal of Financial Economics , vol.26 , pp. 175-191
    • Rosenstein, S.1    Wyatt, J.G.2
  • 24
    • 0041594449 scopus 로고    scopus 로고
    • Women in management and firm financial value: An exploratory study
    • Shrader, C. B., V. B. Blackburn., and P. Iles., 1997. Women in management and firm financial value: An exploratory study, Journal of Managerial Issues 9, 355-372.
    • (1997) Journal of Managerial Issues , vol.9 , pp. 355-372
    • Shrader, C.B.1    Blackburn, V.B.2    Iles, P.3
  • 27
    • 0001155473 scopus 로고    scopus 로고
    • Board meeting frequency and firm value
    • Vafeas, N., 1999. Board meeting frequency and firm value, Journal of Financial Economics 53, 113-142.
    • (1999) Journal of Financial Economics , vol.53 , pp. 113-142
    • Vafeas, N.1
  • 28
    • 21844516193 scopus 로고
    • Competitiveness through management of diversity: Effects on stock price valuation
    • Wright, P., S. P. Ferris., J. S. Hiller., and M. Kroll., 1995. Competitiveness through management of diversity: Effects on stock price valuation, Academy of Management Journal 38, 272-287.
    • (1995) Academy of Management Journal , vol.38 , pp. 272-287
    • Wright, P.1    Ferris, S.P.2    Hiller, J.S.3    Kroll, M.4
  • 29
    • 0030078208 scopus 로고    scopus 로고
    • Higher market valuation of companies with a small board of directors
    • Yermack, D., 1996. Higher market valuation of companies with a small board of directors, Journal of Financial Economics 40, 185-211.
    • (1996) Journal of Financial Economics , vol.40 , pp. 185-211
    • Yermack, D.1
  • 30
    • 0000133968 scopus 로고
    • The implications of board of directors’ composition for corporate strategy and value
    • Zahra, S. A., and W. W. Stanton., 1988. The implications of board of directors’ composition for corporate strategy and value, International Journal of Management 5, 229-236.
    • (1988) International Journal of Management , vol.5 , pp. 229-236
    • Zahra, S.A.1    Stanton, W.W.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.