A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Sustainable Board of Directors: Evidence from the Research Productivity of Professors Serving on Boards in the Korean Market
We examine the relationship between the expertise of outside directors from academia and firms’ financial performance using a unique dataset on the research publications of such directors. Specifically, we use research publication history in finance or an academic concentration in business or law as a proxy for expertise and measure the influence of this expertise on Korean financial firms’ short-term and long-term performance. We find a positive (negative) association between research intensity (a business or law concentration) and short-term corporate performance. Firms with greater information and agency problems appear to benefit more from research-intensive academic outside directors than other firms do. Thus, we propose that firms in emerging economies elect research-intensive academic outside directors to contribute to sustainable corporate governance and firm performance.
Sustainable Board of Directors: Evidence from the Research Productivity of Professors Serving on Boards in the Korean Market
We examine the relationship between the expertise of outside directors from academia and firms’ financial performance using a unique dataset on the research publications of such directors. Specifically, we use research publication history in finance or an academic concentration in business or law as a proxy for expertise and measure the influence of this expertise on Korean financial firms’ short-term and long-term performance. We find a positive (negative) association between research intensity (a business or law concentration) and short-term corporate performance. Firms with greater information and agency problems appear to benefit more from research-intensive academic outside directors than other firms do. Thus, we propose that firms in emerging economies elect research-intensive academic outside directors to contribute to sustainable corporate governance and firm performance.
Sustainable Board of Directors: Evidence from the Research Productivity of Professors Serving on Boards in the Korean Market
Daeheon Choi (author) / Chune Young Chung (author) / Changhyeon Park (author) / Jason Young (author)
2019
Article (Journal)
Electronic Resource
Unknown
Metadata by DOAJ is licensed under CC BY-SA 1.0
Does Sustainable Corporate Governance Enhance Accounting Practice? Evidence from the Korean Market
| DOAJ | 2020
| DOAJ | 2022
Boards of Directors in Healthcare and Strategy Formulation Processes
| British Library Conference Proceedings | 1994