This paper uses a unique dataset from Denmark to investigate the impact of family characteristics in corporate decision making and the consequences of...
Economic models routinely assume firms maximize shareholder wealth; however common law legal systems only require that officers and directors pursue...
We study the market for CEOs of large publicly-traded US firms, analyze new CEOs’ prior connections to the hiring firm, and explore how hiring choices...
This paper analyzes the reputational effects of forced CEO turnovers on outside directors. We find that directors interlocked to a forced CEO turnover...
What makes a CEO? Our study combines a near-exhaustive sample of CEOs of Swedish companies with data on their cognitive and non-cognitive ability and...
This article surveys the recent literature on boards of directors and the interplay between director incentives and CEO incentives. The primary focus...