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Outside directors and CEO turnover

by Michael !i. Weisbach, Jim Dana, Franklin M. Fisher, Paul Healy, Cliff Holdemess, Bob Kaplan, Mervyn King, Kevin J. Murphy, Rick Ruback, Ross Watts, Kr. Y Weisbach, Especially Ben Hermahn - Journal of Financial Economics , 1988
"... ‘this paper examines the relation between the monitoring of CEOs by inside aud outside directors and CEO resignations. CEO resignations are predicted using stock returns and earnings changes as measures of prior performance. There is a stronger association between prior performance and the prhabilit ..."
Abstract - Cited by 491 (10 self) - Add to MetaCart
decisions. The board is the shareholders ’ first line of defense against incompetent management; in extreme cases, it wilt replace an errant chief executive officer (CEO). Discussing boards ’ effectiveness in this role, Jensen (1986) claims that ‘the internal control mechanism of corporations, which

A new database on financial development and structure, Working paper

by Thorsten Beck, Aslı Demirgüç-kunt, Ross Levine - Journal of Financial Economics , 1999
"... The findings, interpretations, and conclusions expressed in this paper are entirely those of the author(s) and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. The World Bank ..."
Abstract - Cited by 414 (21 self) - Add to MetaCart
The findings, interpretations, and conclusions expressed in this paper are entirely those of the author(s) and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. The World Bank

Global Economic Prospects and the Developing Countries 2000. Washington,D.C

by The International Bank , 1999
"... The findings, interpretations, and conclusions expressed here do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors, denomina ..."
Abstract - Cited by 368 (3 self) - Add to MetaCart
The findings, interpretations, and conclusions expressed here do not necessarily reflect the views of the Board of Executive Directors of the World Bank or the governments they represent. The World Bank cannot guarantee the accuracy of the data included in this work. The boundaries, colors

Reciprocally Interlocking Boards of Directors and Executive

by Kevin F. Hallock, Kevin F Hallock - C© 2010 Blackwell Publishing Ltd 1142 SHEU, CHUNG AND LIU , 1997
"... Support this valuable resource today! ..."
Abstract - Cited by 132 (5 self) - Add to MetaCart
Support this valuable resource today!

Pay without performance: The unfulfilled promise of executive compensation.

by Lucian Arye Bebchuk , Jesse M Fried , Lucian Bebchuk , Jesse Fried , 2004
"... ). The book provides a detailed account of how structural flaws in corporate governance have enabled managers to influence their own pay and have produced widespread distortions in pay arrangements. The book also examines how these flaws and distortions can best be addressed. Part IV of the book di ..."
Abstract - Cited by 233 (6 self) - Add to MetaCart
discusses how executive compensation -and corporate governance more generally -can be improved. We examine the extent to which pay arrangements can be improved by adopting board process rules, imposing shareholder approval requirements, and making pay more transparent. We conclude that problems

Stock prices and top management changes

by Jeroid B. Warner, Ross L. Watfs, Karen H. Wruck - Journal of Financial Economics , 1988
"... This p~er studies the association between a finn's stock returns and subsequent top management chAMes. Con~ieut w~th mmml monitoring of management, there is an inverse relation between the probability of a management change and a firm's share performance. ~ relation can result from monitor ..."
Abstract - Cited by 240 (1 self) - Add to MetaCart
between a firm's stock price perfor-mance and subsequent changes in its top management. A top management change is defined as any change in the set of individuals holding the title of chief executive officer (CEO), president, or chairman of the board. The major hypothesis is that the probability of a

Remote Agent: To Boldly Go Where No AI System Has Gone Before

by Nicola Muscettola , P. Pandurang Nayak , Barney Pell , Brian C. Williams , 1998
"... Renewed motives for space exploration have inspired NASA to work toward the goal of establishing a virtual presence in space, through heterogeneous effets of robotic explorers. Information technology, and Artificial Intelligence in particular, will play a central role in this endeavor by endowing th ..."
Abstract - Cited by 231 (16 self) - Add to MetaCart
. The Remote Agent integrates constraint-based temporal planning and scheduling, robust multi-threaded execution, and model-based mode identification and reconfiguration. The demonstration of the integrated system as an on-board controller for Deep Space One, NASA's rst New Millennium mission

A theory of friendly boards

by Renée B. Adams, Daniel Ferreira - Journal of Finance , 2007
"... We analyze the consequences of the board’s dual role as advisor as well as monitor of management. Given this dual role, the CEO faces a trade-off in disclosing information to the board: If he reveals his information, he receives better advice; however, an informed board will also monitor him more in ..."
Abstract - Cited by 198 (8 self) - Add to MetaCart
on the chief executive and the company’s management for information. (The Economist [February 10, 2001, p. 68], describing a survey by PriceWater-houseCoopers of British boards.)

2001b). “The Regulation and Supervision of Bank Around the World: A New Database

by James R. Barth, Ross Levine - in Robert E. Litan and Richard Herring, Editors, Integrating Emerging Market Countries into the Global Financial System, Brookings-Wharton Papers on Financial Services, Brookings Institution
"... Kaufman and other participants at the January 2001 Brookings-Wharton Papers on Financial Services, 4 th Annual Conference, "Integrating Emerging Market Countries Into Global Financial System, " are gratefully acknowledged. This research could not have been completed without the help of Iff ..."
Abstract - Cited by 209 (28 self) - Add to MetaCart
of Iffath Sharif and Cindy Lee, as well as financial support from the World Bank’s Financial Sector Board and the Research Committee. Xin Chen provided extraordinary research assistance. The authors wish to acknowledge the assistance of the Basel Committee of Bank Supervisors and the Financial Stability

Executive Board

by Thomas T. Andersen, Ruth Hogue Angeletti, Elizabeth Fowler, Karen De Jongh, John Rush, R. Reid Townsend, Ruth Hogue Angeletti , 1997
"... With this ABRF News we welcome a new Editor and introduce a new logo. The logo concept submitted by Rebecca Ettling in this year’s competition has been developed into the official logo seen above. The modern graphic symbolizes the innovative and energetic spirit of the ABRF, emphasizing themes impor ..."
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scientific impact by providing research support to many other laboratories. Accordingly, the Executive Board voted this spring to join the Federation of American Societies for Experimental Biology (FASEB) as a sustaining associate member. We hope that joining FASEB will provide us with a voice in issues
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