{"id":"https://openalex.org/W1598064624","doi":"https://doi.org/10.1017/cbo9780511763076.004","title":"Rediscovering Board Expertise: Legal Implications of the Empirical Literature","display_name":"Rediscovering Board Expertise: Legal Implications of the Empirical Literature","publication_year":2010,"publication_date":"2010-07-30","ids":{"openalex":"https://openalex.org/W1598064624","doi":"https://doi.org/10.1017/cbo9780511763076.004","mag":"1598064624"},"language":"en","primary_location":{"id":"doi:10.1017/cbo9780511763076.004","doi":"https://doi.org/10.1017/cbo9780511763076.004","is_oa":false,"landing_page_url":"https://doi.org/10.1017/cbo9780511763076.004","pdf_url":null,"source":{"id":"https://openalex.org/S4306462995","display_name":"Cambridge University Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Perspectives on Corporate Governance","raw_type":"book-chapter"},"volume":{"id":"https://openalex.org/W2199870356","display_name":"Perspectives on Corporate Governance"},"type":"book-chapter","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5108791960","display_name":"Lawrence A. Cunningham","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I193531525","display_name":"George Washington University","ror":"https://ror.org/00y4zzh67","country_code":"US","type":"education","lineage":["https://openalex.org/I193531525"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Lawrence A. Cunningham","raw_affiliation_strings":["george Washington University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"george Washington University","institution_ids":["https://openalex.org/I193531525"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5108791960"],"corresponding_institution_ids":["https://openalex.org/I193531525"],"apc_list":null,"apc_paid":null,"fwci":16.7067,"has_fulltext":false,"cited_by_count":15,"citation_normalized_percentile":{"value":0.99069177,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":97},"biblio":{"volume":null,"issue":null,"first_page":"62","last_page":"95"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14102","display_name":"Corporate Governance and Law","score":0.010599999688565731,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/board-expertise","display_name":"board expertise","score":0.8899999856948853},{"id":"https://openalex.org/keywords/board-of-directors","display_name":"board of directors","score":0.8960000276565552},{"id":"https://openalex.org/keywords/independent-directors","display_name":"independent directors","score":0.7540000081062317},{"id":"https://openalex.org/keywords/sarbanes-oxley-act","display_name":"Sarbanes-Oxley Act","score":0.8790000081062317},{"id":"https://openalex.org/keywords/audit-committee-effectiveness","display_name":"audit committee effectiveness","score":0.7699999809265137},{"id":"https://openalex.org/keywords/accounting-expertise","display_name":"accounting expertise","score":0.8619999885559082},{"id":"https://openalex.org/keywords/board-independence","display_name":"board independence","score":0.5410000085830688},{"id":"https://openalex.org/keywords/division-of-labor","display_name":"division of labor","score":0.8669999837875366},{"id":"https://openalex.org/keywords/group-decision-making","display_name":"group decision making","score":0.753000020980835},{"id":"https://openalex.org/keywords/board-committees","display_name":"board committees","score":0.722000002861023},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.6119999885559082}],"concepts":[{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.7571398019790649},{"id":"https://openalex.org/C2777406531","wikidata":"https://www.wikidata.org/wiki/Q2031017","display_name":"Subordination (linguistics)","level":2,"score":0.6876230239868164},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6444993615150452},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5892162322998047},{"id":"https://openalex.org/C98147612","wikidata":"https://www.wikidata.org/wiki/Q215599","display_name":"Promotion (chess)","level":3,"score":0.587069034576416},{"id":"https://openalex.org/C137725906","wikidata":"https://www.wikidata.org/wiki/Q758913","display_name":"Audit committee","level":3,"score":0.5489908456802368},{"id":"https://openalex.org/C199521495","wikidata":"https://www.wikidata.org/wiki/Q181487","display_name":"Audit","level":2,"score":0.5333219766616821},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.45781224966049194},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.42612406611442566},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4041581153869629},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.3835265338420868},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.36301374435424805},{"id":"https://openalex.org/C190253527","wikidata":"https://www.wikidata.org/wiki/Q295354","display_name":"Law and economics","level":1,"score":0.3215898275375366},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.3009156882762909},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.22923040390014648},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.07201984524726868},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1017/cbo9780511763076.004","doi":"https://doi.org/10.1017/cbo9780511763076.004","is_oa":false,"landing_page_url":"https://doi.org/10.1017/cbo9780511763076.004","pdf_url":null,"source":{"id":"https://openalex.org/S4306462995","display_name":"Cambridge University Press eBooks","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4310311721","host_organization_name":"Cambridge University Press","host_organization_lineage":["https://openalex.org/P4310311721","https://openalex.org/P4310311702"],"host_organization_lineage_names":["Cambridge University Press","University of Cambridge"],"type":"ebook platform"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Perspectives on Corporate Governance","raw_type":"book-chapter"},{"id":"pmh:oai:scholarship.law.gwu.edu:faculty_publications-1566","doi":null,"is_oa":false,"landing_page_url":"https://scholarship.law.gwu.edu/faculty_publications/500","pdf_url":null,"source":{"id":"https://openalex.org/S4377196736","display_name":"Scholarly Commons - George Washington University Law School (George Washington University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I193531525","host_organization_name":"George Washington University","host_organization_lineage":["https://openalex.org/I193531525"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"GW Law Faculty Publications & Other Works","raw_type":"text"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16","score":0.5473999977111816}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":61,"referenced_works":["https://openalex.org/W105304462","https://openalex.org/W133653067","https://openalex.org/W286129139","https://openalex.org/W286297135","https://openalex.org/W338343493","https://openalex.org/W775374764","https://openalex.org/W1490615787","https://openalex.org/W1502909754","https://openalex.org/W1534859026","https://openalex.org/W1544461636","https://openalex.org/W1547367563","https://openalex.org/W1569621688","https://openalex.org/W1590588545","https://openalex.org/W1594422275","https://openalex.org/W2002058450","https://openalex.org/W2002628276","https://openalex.org/W2004240179","https://openalex.org/W2053191020","https://openalex.org/W2057190074","https://openalex.org/W2061348311","https://openalex.org/W2075288496","https://openalex.org/W2108045837","https://openalex.org/W2108377819","https://openalex.org/W2121352531","https://openalex.org/W2131136597","https://openalex.org/W2146041430","https://openalex.org/W2148064970","https://openalex.org/W2152224011","https://openalex.org/W2154856080","https://openalex.org/W2165280541","https://openalex.org/W2171343515","https://openalex.org/W2171983833","https://openalex.org/W2268712472","https://openalex.org/W2528695135","https://openalex.org/W2590565548","https://openalex.org/W2795715182","https://openalex.org/W2796528821","https://openalex.org/W2797172035","https://openalex.org/W2797377327","https://openalex.org/W2904528327","https://openalex.org/W2991803479","https://openalex.org/W3023181463","https://openalex.org/W3121170839","https://openalex.org/W3121199437","https://openalex.org/W3121239055","https://openalex.org/W3121816004","https://openalex.org/W3122472905","https://openalex.org/W3122538719","https://openalex.org/W3122859634","https://openalex.org/W3123083618","https://openalex.org/W3123435704","https://openalex.org/W3123909526","https://openalex.org/W3124112088","https://openalex.org/W3125080738","https://openalex.org/W3125303042","https://openalex.org/W3125980308","https://openalex.org/W3126013760","https://openalex.org/W4235274589","https://openalex.org/W4246963975","https://openalex.org/W4251441453","https://openalex.org/W6757285937"],"related_works":["https://openalex.org/W2327135369","https://openalex.org/W2126381456","https://openalex.org/W4295546125","https://openalex.org/W7213295836","https://openalex.org/W7139704097","https://openalex.org/W1693655935","https://openalex.org/W7098541766","https://openalex.org/W7005846368","https://openalex.org/W2102438101","https://openalex.org/W2162865450"],"abstract_inverted_index":{"People":[0],"are":[1],"rediscovering":[2],"the":[3,23,26,36,58,119,134,137,154,163,166,176,179,183,193,212],"value":[4,76,213],"of":[5,10,18,25,29,39,77,87,102,110,129,136,156,165,178,206,214,222],"expertise":[6,56,78,105,121,142,202,215,230,243],"on":[7,57,197],"corporate":[8],"boards":[9,54,149],"directors.":[11],"The":[12,75,125],"rediscovery":[13],"occurs":[14],"after":[15],"several":[16],"decades":[17],"celebrating":[19],"independent":[20],"directors":[21,123],"under":[22],"guise":[24],"monitoring":[27,138,167],"model":[28,128],"boards.":[30],"While":[31],"independence":[32,174,199],"remains":[33],"fashionable,":[34],"and":[35,83,152,169,241],"Sarbanes-Oxley":[37],"Act":[38],"2002":[40],"(SOX)":[41],"continues":[42],"its":[43,93,170],"long-standing":[44],"promotion,":[45],"SOX":[46],"also":[47],"requires":[48],"companies":[49],"to":[50,91,97,118],"disclose":[51],"whether":[52],"their":[53],"have":[55,188],"board":[59,104,168,180],"audit":[60,184,235],"committee":[61,236],"and,":[62],"if":[63],"not,":[64],"why":[65],"not.":[66],"This":[67],"hastens":[68],"an":[69,141,209],"inchoate":[70],"ten-year":[71],"trend":[72],"favoring":[73],"expertise.":[74],"is":[79,116,216,231],"supported":[80,217],"by":[81,218],"theory":[82],"empirical":[84,210],"research.":[85,223],"Accidents":[86],"political":[88],"history":[89],"appear":[90],"explain":[92],"subordination,":[94],"until":[95,191],"recently,":[96,192],"independence.":[98],"As":[99,208],"a":[100,219],"matter":[101],"theory,":[103],"harmonizes":[106],"with":[107],"basic":[108],"division":[109,205],"labor":[111],"principles,":[112],"yet":[113],"little":[114],"attention":[115],"paid":[117],"specific":[120],"that":[122,228],"offer.":[124],"most":[126],"prominent":[127],"director":[130],"expertise,":[131],"developed":[132],"during":[133],"rise":[135,164,177],"board,":[139],"envisioned":[140],"in":[143,158,233],"\u201cdecision":[144],"control.\u201d":[145],"But":[146],"this":[147],"views":[148],"as":[150],"monoliths":[151],"hides":[153],"significance":[155],"individuals":[157],"group":[159],"decision":[160],"making.":[161],"Accompanying":[162],"privileged":[171],"place":[172],"for":[173],"was":[175],"committee,":[181],"especially":[182],"committee.":[185],"Although":[186],"committees":[187],"designated":[189],"functions,":[190],"focus":[194],"has":[195],"been":[196],"member":[198],"rather":[200],"than":[201],"benefiting":[203],"from":[204],"labor.":[207],"matter,":[211],"large":[220],"body":[221],"Most":[224],"strikingly,":[225],"research":[226],"shows":[227],"accounting":[229],"valuable":[232],"promoting":[234],"effectiveness,":[237],"while":[238],"general":[239],"financial":[240],"other":[242],"contribute":[244],"less":[245],"value.":[246]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}