CGRI research spans these topics: general principles, board of directors, leadership and succession planning, compensation, audit and risk, shareholders, and proxy advisory.
We study the role of financial flexibility on COVID-19 employment actions. Using daily data from March through May 2020 for 354 of the largest U.S…
This study investigates whether investors are willing to trade-off wealth for societal benefits. We take advantage of unique institutional…
We examine the selection of peer groups that boards of directors use when setting the level of CEO compensation. This choice is controversial…
We construct a novel measure of disclosure choice by firms. Our measure uses linguistic analysis of conference calls to flag a manager’s response…
We examine the long-term effects of interventions by activist hedge funds. Prior papers document positive equal-weighted long-term returns and…
This paper examines the relation between political connections and informed trading by corporate insiders in the context of the Financial Crisis.…
Based on two samples of high quality personality data for chief executive officers (CEOs), we use linguistic features extracted from conferences…
Performance appraisal is one of the cornerstones of management control systems. Although this topic has been the subject of considerable prior…
This study examines the use of performance-based incentives for internal monitors (general counsel and chief internal auditor) and whether these…