Publications

Internal vs. External CEOs

David F. Larcker, Brian Tayan

CGRI Research Spotlight Series Corporate Governance Research Initiative October2016

This Research Spotlight provides a summary of the academic literature on internal and external CEOs. It reviews the evidence of:

Trends in hiring external CEOs
Operating condition of companies that hire internal and external…

Succession “Losers”: What Happens to Executives Passed Over for the CEO Job?

David F. Larcker, Stephen A. Miles, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative October2016

CEO Attributes and Firm Performance

David F. Larcker, Brian Tayan

CGRI Research Spotlight Series Corporate Governance Research Initiative September2016

This Research Spotlight provides a summary of the academic literature on the influence that CEOs have on company outcomes (performance and risk). It reviews the evidence of:

The contribution of the CEO to overall company performance…

CEO Turnover

David F. Larcker, Brian Tayan

CGRI Research Spotlight Series Corporate Governance Research Initiative September2016

This Research Spotlight provides a summary of the academic literature on relation between CEO performance and turnover. It reviews the evidence of:

The relation between performance and likelihood of termination
The relation…

The “Buy Side” View on CEO Pay

David F. Larcker, Brendan Sheehan, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative September2016

What Do Accruals Tell Us About Future Cash Flows?

Mary E. Barth, Greg Clinch, Doron Israeli

Review of Accounting Studies September2016 Vol. 21 Issue 3 Pages 768-807.

From Casual to Causal Inference in Accounting Research: The Need for Theoretical Foundations

Jeremy Bertomeu, Anne Beyer, Daniel J. Taylor

Foundations & Trends in Accounting August172016 Vol. 10 Issue 2-4 Pages 179-236.

Gadflies at the Gate: Why Do Individual Investors Sponsor Shareholder Resolutions?

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative August2016

Which Companies Use the Domestic Production Activities Deduction?

Rebecca Lester, Ralph Rector

Tax Notes August2016 Vol. 152 Issue 9 Pages 1269-1292.

Chairman and CEO: The Controversy Over Board Leadership Structure

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative June2016

Earnings News, Expected Earnings, and Aggregate Stock Returns

Jung Ho Choi, Alon Kalay, Gil Sadka

Journal of Financial Markets June2016 Vol. 29 Pages 110-143.

Structural Properties of the Price-To-Earnings and Price-To-Book Ratios

Madhav V. Rajan, Stefan J. Reichelstein, Alexander Nezlobin

Review of Accounting Studies June2016 Vol. 21 Issue 2 Pages 438-472.

Abnormal Accruals in Newly Public Companies: Opportunistic Misreporting or Economic Activity?

Christopher S. Armstrong, George Foster, Daniel J. Taylor

Management Science May2016 Vol. 62 Issue 5 Pages 1316–1338.

Scoundrels in the C-Suite: How Should the Board Respond When a CEO’s Bad Behavior Makes the News?

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative May2016

Causal Inference in Accounting Research

Ian D. Gow, David F. Larcker, Peter C. Reiss

Journal of Accounting Reseach April192016 Vol. 54 Issue 2 Pages 477–523.

Governance Aches and Pains: Is Bad Governance Chronic?

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative (CGRI) April142016

CEO Pay at Valeant: Does Extreme Compensation Create Extreme Risk?

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative (CGRI) April2016

Diverse Boards

David F. Larcker, Brian Tayan

CGRI Research Spotlight Series Corporate Governance Research Initiative April2016

This Research Spotlight provides a summary of the research literature on whether companies with diverse boards (in terms of background, gender, or ethnicity) exhibit better performance and governance quality than companies without diverse boards…

How Important Is Culture? A Second Look at Keller Williams Realty

David F. Larcker, Brian Tayan

Stanford Closer Look Series Corporate Governance Research Initiative (CGRI) April2016

Asymmetric Reporting

Christopher S. Armstrong, Daniel J. Taylor, Robert E. Verrecchia

Journal of Financial Reporting March2016 Vol. 1 Issue 1 Pages 15–32.