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Do ‘Lehman Sisters’ work in China? Women on boards and bank risk
16 references·0 citing·47 second hop
Do ‘Lehman Sisters’ work in China? Women on boards and bank risk (2024)Do ‘Lehman Sisters’ work in China? Women …CEO gender, corporate risk-taking, and the efficiency of capital allocation (2016)CEO gender, corporate risk-ta…Endogeneity and the dynamics of internal corporate governance (2012)Endogeneity and the dynamics …The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation (2011)The Changing of the Boards: T…Strong Evidence for Gender Differences in Risk Taking (2011)Strong Evidence for Gender Di…Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States (2010)Big Bad Banks? The Winners an…Women in the boardroom and their impact on governance and performance☆ (2009)Women in the boardroom and th…Bank Governance, Regulation, and Risk Taking (2008)Bank Governance, Regulation, …The determinants of board structure☆ (2007)The determinants of board str…A Theory of Friendly Boards (2007)A Theory of Friendly BoardsManaging with Style: The Effect of Managers on Firm Policies (2003)Managing with Style: The Effe…Endogenously Chosen Boards of Directors and Their Monitoring of the CEO (1995)Endogenously Chosen Boards of…Cultures and organizations: software of the mind (1992)Cultures and organizations: s…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Separation of Ownership and Control (1983)Separation of Ownership and C…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Safety First and the Holding of Assets (1952)Safety First and the Holding …Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The theory and practice of corporate finance: evidence from the field (2001)CEO Overconfidence and Corporate Investment (2005)What Determines Productivity? (2011)American Economic Review (2019)Expectation in Economics (1949)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Optimal Versus Naive Diversification: How Inefficient is the 1/ N Portfolio Strategy? (2007)Specification Tests in Econometrics (1978)Formulation and estimation of dynamic models using panel data (1982)Estimating Vector Autoregressions with Panel Data (1988)Another look at the instrumental variable estimation of error-components models (1995)Clausulas comparativas do portugues (1975)Clausulas comparativas do portugues (1975)Developments in the Measurement of Subjective Well-Being (2006)Bank Competition and Stability: Cross-Country Heterogeneity (2011)Credit supply and corporate innovation (2013)ESG disclosure and financial performance: Moderating role of ESG investors (2022)Initial conditions and moment restrictions in dynamic panel data models (1998)Econometric Analysis of Cross Section and Panel Data (2001)Do women directors improve firm performance in China? (2013)Corporate social responsibility and stock price crash risk (2014)On the Foundations of Corporate Social Responsibility (2016)The Nature of the Firm (1937)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)An Integrative Model Of Organizational Trust (1995)Large Shareholders and Corporate Control (1986)Law and Finance (1998)Macroeconomic and bank-specific determinants of non-performing loans in Greece: A comparative study of mortgage, business and consumer loan portfolios (2011)The Credit Crisis Around the Globe: Why Did Some Banks Perform Better? (2011)Socially Responsible Firms (2014)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)A Survey of Corporate Governance (1997)Dimensionalizing Cultures: The Hofstede Model in Context (2011)Men and Women of the Corporation (1978)Men and Women of the Corporation. (1978)Gender Differences in Preferences (2009)The Gender and Ethnic Diversity of US Boards and Board Committees and Firm Financial Performance (2010)Beyond the Glass Ceiling: Does Gender Matter? (2011)Women on Boards and Firm Financial Performance: A Meta-Analysis (2014)TOWARD A STEWARDSHIP THEORY OF MANAGEMENT (1997)Affective, Continuance, and Normative Commitment to the Organization: A Meta-analysis of Antecedents, Correlates, and Consequences (2002)Rethinking individualism and collectivism: Evaluation of theoretical assumptions and meta-analyses. (2002)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,662 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 2009Women in the boardroom and their impact on governance and performance☆6,592 cited
  • 2003Managing with Style: The Effect of Managers on Firm Policies3,921 cited
  • 1992Cultures and organizations: software of the mind3,703 cited
  • 2008Bank Governance, Regulation, and Risk Taking3,462 cited
  • 2010Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States3,372 cited
  • 2012Endogeneity and the dynamics of internal corporate governance3,018 cited
  • 1952Safety First and the Holding of Assets2,555 cited
  • 2007A Theory of Friendly Boards2,413 cited
  • 2011The Changing of the Boards: The Impact on Firm Valuation of Mandated Female Board Representation1,883 cited
  • 2007The determinants of board structure☆1,815 cited
  • 2011Strong Evidence for Gender Differences in Risk Taking1,733 cited
  • 1995Endogenously Chosen Boards of Directors and Their Monitoring of the CEO

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  • 2016CEO gender, corporate risk-taking, and the efficiency of capital allocation1,687 cited
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