RESEARCH INTERESTS

corporate governance, corporate disclosure of governance relevant information, financial reporting, and director labor market

WORKING PAPER

“Understanding board busyness heterogeneity: Determinants and implications”.  Formerly titled “Understanding the Determinants of Board Busyness and the Relation between Busyness and Performance”

Abstract: In this paper, I examine the relation between board busyness and firm performance while considering the differing characteristics of firms and board committees. At the firm level, I separate board busyness into the demand-based component (explained by firms’ heterogeneous advising and monitoring demands) and the deviation component (explained by differing forces that drive board busyness to deviate from optimal levels), and investigate the association between these components and firm performance. I find consistently negative (positive) associations between the deviation component (demand-based component) and firm performance. At the committee level, I find that the nominating (audit) committee busyness is negatively (positively) related to performance, suggesting that committees with more (less) discretion to deviate from optimal levels are more (less) likely to be over-committed. Collectively, my findings do not support the current call for setting mandatory one-size-fits-all limits of board busyness.

WORKING-IN-PROGRESS

“Hybrid board leadership in the new era: insights from lead independent director responsibilities” with Yonca Ertimur and Frances Tice

“The determinants and consequences of corporate governance disclosure: A text-based analysis”

“How do boards of directors perceive board busyness? Evidence from firm specific overboarding policies”

PUBLISHED PAPERS

Optimal Pricing Model for Perishable Commodities and its Particle Swarm Optimization Solution with Peng Tian and Zhiyou Tian, Computer Engineering and Applications, (2005) 41(4)

A New Method for Consistency Improving in the AHP with Possibility satisfiability Degree with Peng Tian and Zhiyou Tian, Proceedings of 2004 International Conference on Management Science & Engineering, Harbin, China, 2004 (ISTP),(2)

Evaluation on the Multivariate Process Capability of Suppliers based on the Process Entropy with Peng Tian and Zhiyou Tian, Proceedings of 2004 International Conference on Management Science & Engineering, Harbin, China, 2004 (ISTP),(2)