The highest correlation is among Board Independence
and Board Size (r=0.
They cover anatomy of an enrollment fraud, ethical predisposition of certified public accountants: a study of gender differences, enhanced enforcement of the Foreign Corrupt Practices Act: improving the ethics of US business practices abroad, promoting professionalism: lessons from the medical and legal professions, ethics prompts and their effects on the individual's evaluation of acceptable business practices: considerations for accountants, executive/chair duality in the Sarbanes-Oxley era: board independence
versus unity of command, the impact of accounting students' professional skepticism on their ethical perception of earnings management, and classroom cheating: reasons not to whistle-blow and the probability of whistle-blowing.
Regarding the table 7, there is no significant difference between the relation among board independence
and performance before and after financial crisis with 0.
Sarbanes-Oxley, Dodd-Frank, and the stock exchange corporate governance listing standards have largely codified an intensified board independence
regime for public companies.
The basis for assessment lies within the pillars of good corporate governance: Board independence
and effectiveness, transparency and disclosure, control and risk management, shareholder rights and responsibilities, IT governance practices, corporate culture, and corporate social responsibility," she added.
Finally, our study controlled for board independence
, which was measured as the proportion of outsiders on the board of directors.
However, we do not expect that these variables fully account for the adverse effect of board independence
on bondholders as the S/B conflict also resides in other aspects of corporate actions, some of which may be unobservable.
The authors hnd a 30 percent reduction in board independence
of the regional firms post-SEC, but no change in firm valuation by investors.
In our analysis we find that one of the strongest links is between board independence
and lower risk taking.
Nardelli's firing and severance package has ramifications for a range of issues including CEO pay, Board independence
, and overall company reputation.
To be sure, there are some current practices and trends which are moves toward institutionalizing board independence
In March 2006, the company announced an early move to comply with NYSE standards of board independence
with the appointment of two new independent directors, David D.