Director tenure diversity and board monitoring effectiveness

• Main Authors: LI, Na, WAHID, Aida Sijamic
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2018
• Subjects: Corporate governance; director tenure; board tenure; board composition; board diversity; CEO turnover; restatement; Accounting; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1630; https://ink.library.smu.edu.sg/context/soa_research/article/2657/viewcontent/Director_Tenure_Diversity_2018_May_pp.pdf
• Institution: Singapore Management University

This study examines the impact of director tenure diversity on board effectiveness. We find that tenure-diverse boards exhibit significantly higher CEO performance-turnover sensitivity and that firms with tenure-diverse audit committees are less likely to experience accounting restatements. Furtherm...