Séminaires de recherche

Independent Boards and Innovation

Finance

Intervenant : Gustavo Manso
Berkeley

4 juin 2015


Much research has suggested that independent boards of directors are more effective in reducing agency costs and improving firm governance. Less clear, however, is how independent boards influence innovation search strategies. Relying on regulatory changes that required shareholders to appoint a majority of independent directors, we demonstrate that firms that transition to independent boards are less likely to explore uncrowded and unfamiliar technologies. Such firms patent more and get more citations to their patents, though the increase comes mainly from patents in the middle of the citation distribution; the numbers of uncited and highly cited patents do not change significantly

Finance

Intervenant : Xavier Gabaix

13 juin 2019 - T104 - De 14h00 à 15h15


Finance

Intervenant : Adriano Rampini

23 mai 2019 - T105 - De 14h00 à 15h15


Finance

Intervenant : Luke Taylor

16 mai 2019 - T105 - De 14h00 à 15h15


Finance

Intervenant : Jessica Jeffers

18 avril 2019 - T104 - De 14h00 à 15h15


Finance

Intervenant : Emil Verner

4 avril 2019 - T104 - De 14h00 à 15h15


Contacts  

Département Finance 

Campus HEC Paris
1, rue de la Libération
78351 Jouy-en-Josas cedex
France

Faculté  

Ferdinand PETRA

Finance

Voir le CV

4th Annual HEC Paris Workshop Preliminary Program “Banking, Finance, Macroeconomics and the Real Economy”  


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