A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Sustainable Causal Interpretation with Board Characteristics: Caveat Emptor
The study of a causal interpretation of board and firm characteristics, that is, a hidden dependence relationship on the causal inference among board and firm characteristics, is an important but unaddressed issue in the corporate governance literature. Using diverse advanced statistical methods and focusing on Tobin’s Q, we find that (i) not all board variables previously found to be significant are “robust” to latent variable data analysis, and (ii) those variables that are consistently significant differ markedly in latent structural equation analysis. Our analyses provide researchers interested in board issues with an important caveat: Focusing on the dependence structure of available board variables affected by latent factors may introduce a new horizon in corporate finance.
Sustainable Causal Interpretation with Board Characteristics: Caveat Emptor
The study of a causal interpretation of board and firm characteristics, that is, a hidden dependence relationship on the causal inference among board and firm characteristics, is an important but unaddressed issue in the corporate governance literature. Using diverse advanced statistical methods and focusing on Tobin’s Q, we find that (i) not all board variables previously found to be significant are “robust” to latent variable data analysis, and (ii) those variables that are consistently significant differ markedly in latent structural equation analysis. Our analyses provide researchers interested in board issues with an important caveat: Focusing on the dependence structure of available board variables affected by latent factors may introduce a new horizon in corporate finance.
Sustainable Causal Interpretation with Board Characteristics: Caveat Emptor
Jong-Min Kim (author) / Chulhee Jun (author) / Hope H. Han (author)
2020
Article (Journal)
Electronic Resource
Unknown
causal inference , board structure , corporate governance , Gaussian copula marginal regression , functional principal component analysis , structural equation modeling , Environmental effects of industries and plants , TD194-195 , Renewable energy sources , TJ807-830 , Environmental sciences , GE1-350
Metadata by DOAJ is licensed under CC BY-SA 1.0
| British Library Online Contents | 2018
| British Library Online Contents | 2016
Privatising agricultural extension: caveat emptor
| Online Contents | 2000
'Caveat emptor' A viewpoint from the Association for Specialist Fire Protection
British Library Online Contents | 1998
The `Merman and Fishes' Mosaic in the Hearst Castle Collection: Caveat Emptor
| British Library Conference Proceedings | 2005