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Do politically connected independent directors create or destroy value?
16 references·13 citing·43 second hop
Do politically connected independent directors create or destroy value? (2017)Do politically connected independent dire…External Control of Organizations: Resource Dependence Perspective (2011)External Control of Organizat…Corporate Governance in Emerging Economies: A Review of the Principal–Principal Perspective (2008)Corporate Governance in Emerg…Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)Politically connected CEOs, c…Political Connections and Corporate Bailouts (2006)Political Connections and Cor…Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market (2005)Do Lenders Favor Politically …Profitability of Momentum Strategies: An Evaluation of Alternative Explanations (2001)Profitability of Momentum Str…Estimating the Value of Political Connections (2001)Estimating the Value of Polit…Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate governance, chief e…A Survey of Corporate Governance (1997)A Survey of Corporate Governa…Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders (1996)Firm Performance and Mechanis…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Effects of Board Composition and Direct Incentives on Firm Performance (1991)The Effects of Board Composit…Outside directors, board independence, and shareholder wealth (1990)Outside directors, board inde…Separation of Ownership and Control (1983)Separation of Ownership and C…The External Control of Organizations: A Resource Dependence Perspective (1979)The External Control of Organ…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Political connections, environmental violations and punishment: Evidence from heavily polluting firms (2023)Political connections, enviro…Political connection and M&A performance: Evidence from China (2023)Political connection and M&A …D&O insurance, technology independent directors, and R&D investment (2023)D&O insurance, technology ind…Closing the Revolving Door: What if Board Political Connections Are Permanently Broken? (2023)Closing the Revolving Door: W…The role of political ties and political uncertainty in corporate innovation (2021)The role of political ties an…The impact of employee friendly practices on dividend payments: Evidence from emerging economies (2021)The impact of employee friend…Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms (2021)Do CEOs with academic experie…The value of independent directors: Evidence from China (2020)The value of independent dire…Impact of non-commercial networks on academic entrepreneurship in post-commercialisation (2020)Impact of non-commercial netw…The role of political connection on overinvestment of Chinese energy firms (2019)The role of political connect…Technology directors and firm innovation (2019)Technology directors and firm…Board Directors’ Expertise and Corporate Corruption Disclosure: The Moderating Role of Political Connections (2019)Board Directors’ Expertise an…Politically connected boards, ownership structure and credit risk: Evidence from Chinese commercial banks (2018)Politically connected boards,…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)The information content of stock markets: why do emerging markets have synchronous stock price movements? 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(2013)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)The Structure of Corporate Ownership: Causes and Consequences (1985)The Determinants of Capital Structure Choice (1988)Corporate Governance, Board Diversity, and Firm Value (2003)Boards: Does one size fit all☆ (2007)Endogeneity and the dynamics of internal corporate governance (2012)Organizational Information Requirements, Media Richness and Structural Design (1986)Managing Legitimacy: Strategic and Institutional Approaches (1995)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)Organizing and the Process of Sensemaking (2005)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1997A Survey of Corporate Governance16,237 cited
  • 2011External Control of Organizations: Resource Dependence Perspective14,181 cited
  • 1979The External Control of Organizations: A Resource Dependence Perspective9,172 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 2001Estimating the Value of Political Connections2,988 cited
  • 1996Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders2,809 cited
  • 2007Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆2,736 cited
  • 2006Political Connections and Corporate Bailouts2,576 cited
  • 2001Profitability of Momentum Strategies: An Evaluation of Alternative Explanations2,445 cited
  • 2005Do Lenders Favor Politically Connected Firms? Rent Provision in an Emerging Financial Market2,375 cited
  • 1991The Effects of Board Composition and Direct Incentives on Firm Performance2,312 cited
  • 1990

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Outside directors, board independence, and shareholder wealth
1,930 cited
  • 2008Corporate Governance in Emerging Economies: A Review of the Principal–Principal Perspective1,814 cited
  • Cited by

    • 2019The role of political connection on overinvestment of Chinese energy firms83 cited
    • 2021The role of political ties and political uncertainty in corporate innovation77 cited
    • 2019Board Directors’ Expertise and Corporate Corruption Disclosure: The Moderating Role of Political Connections71 cited
    • 2023Political connections, environmental violations and punishment: Evidence from heavily polluting firms58 cited
    • 2018Politically connected boards, ownership structure and credit risk: Evidence from Chinese commercial banks56 cited
    • 2019Technology directors and firm innovation41 cited
    • 2023Political connection and M&A performance: Evidence from China41 cited
    • 2023Closing the Revolving Door: What if Board Political Connections Are Permanently Broken?37 cited
    • 2021Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms34 cited
    • 2023D&O insurance, technology independent directors, and R&D investment30 cited
    • 2020The value of independent directors: Evidence from China30 cited
    • 2021The impact of employee friendly practices on dividend payments: Evidence from emerging economies30 cited
    • 2020Impact of non-commercial networks on academic entrepreneurship in post-commercialisation10 cited