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Board Gender Diversity and Investment Efficiency: Global Evidence from 83 Country-Level Interventions

Harvard Corporate Governance

This post is based on their recent article published in The Accounting Review. We employ our novel catalog of 83 board gender diversity interventions to examine the effect of BGD on a first-order firm outcome: investment efficiency. The effect of BGD on investment efficiency is an open question. more…)

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Corporate Culture In A New Era: Views From The C-suite

Harvard Corporate Governance

This post is based on an article forthcoming in the Journal of Applied Corporate Finance by John Graham , Professor Grennan, Campbell R. Harvey , and Shivaram Rajgopal.

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Do Consumers Care About ESG? Evidence from Barcode-Level Sales Data

Harvard Corporate Governance

Despite a substantial number of articles on this issue, the mechanisms through which ESG activities could affect corporate performance and value remain poorly understood. One possibility is that ESG efforts affect value through the discount rate channel. more…)

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How Emphasizing ESG Affects Firm Value

Reynolds Holding

In a new article, we offer novel insights into the conundrum of ESG emphasis and present a conceptual framework for exploring the impacts on firm value of emphasizing both nonmaterial and material ESG factors. Over time, the negative impact of nonmaterial ESG emphasis on firm value becomes more pronounced.

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Valuation Multiples for a Law Firm

Peak Business Valuation

In addition, a law firm valuation provides insight into the businesss strengths, weaknesses, risks, and opportunities. You can utilize this information to make strategic decisions for your law firm. In this article, we discuss the most common valuation multiples for a law firm.

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Do Individual Directors Matter?

Reynolds Holding

A fundamental question in corporate governance research is whether the board of directors affects firm value. Some argue that directors contribute no additional value to the firm and may even lower its value if they act only as a rubber stamp on the CEO’s decisions. percent of variation in DSQ.

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The governance of director compensation

Harvard Corporate Governance

This post is based on their recent article forthcoming in the Journal of Financial Economics. Posted by Lily Fang (INSEAD) and Sterling Huang (SMU), on Monday, May 20, 2024 Editor's Note: Lily Fang is a Professor of Finance at INSEAD and Sterling Huang is an Associate Professor of Accounting at Singapore Management University.

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