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...
Using the pay restriction imposed on CEOs of centrally administered state-owned enterprises (CSOEs) in China in 2009, we study the effects of limiting...
We study the relation between the chair of the board of directors and the CEO. We argue that substantial age dissimilarity between the two - giving rise to...
This paper studies the factors that influence the CEO succession decision in family firms
whose incumbent CEO is a member of the controlling family. The...
CEOs of U.S. public companies have significant influence over policy and political decisions. They are commonly regarded as authoritative experts...Read more