In this article, we identify a fundamental contradiction in the law of fiduciary duty of corporate directors across jurisdictions, namely the tension...
We study when firms choose to install boards and their roles in a historical setting where neither boards nor their duties are mandated by law. Boards arise in firms...
We analyze the relation between insider trading and the networks of executive and non-executive directors in UK listed companies. While most existing...
We develop a dynamic model of board decision-making akin to dynamic voting models in the political economy literature. We show a board could retain a...
The lack of board diversity across gender and race has been one of the most controversial topics in corporate board governance in recent years. Given the...
We interview 20 executives in the UK who have been members of both PE and PLC boards of relatively large companies. The main difference we find in PE and PLC...
This is the first chapter in a volume on ?Boards and Shareholders in European Listed Companies: Facts, Context and Post-Crisis Reforms? (M. Belcredi and...
Together with a number of other countries including China Germany has a two-tier board system, i.e. its stock corporation law provides for the division...
We derive conditions for when having a "busy" director on the board is harmful to shareholders and when it is beneficial. Our model allows directors to...