{"id":"https://openalex.org/W3005852674","doi":"https://doi.org/10.1111/ajfs.12287","title":"A Survey of Recent Evidence on Boards of Directors and CEO Incentives","display_name":"A Survey of Recent Evidence on Boards of Directors and CEO Incentives","publication_year":2020,"publication_date":"2020-02-01","ids":{"openalex":"https://openalex.org/W3005852674","doi":"https://doi.org/10.1111/ajfs.12287","mag":"3005852674"},"language":"en","primary_location":{"id":"doi:10.1111/ajfs.12287","doi":"https://doi.org/10.1111/ajfs.12287","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ajfs.12287","pdf_url":null,"source":{"id":"https://openalex.org/S4210190745","display_name":"Asia-Pacific Journal of Financial Studies","issn_l":"2041-6156","issn":["2041-6156","2041-9945"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","cwts-core","jufo-1","kci-registered","poland-40","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-Pacific Journal of Financial Studies","raw_type":"journal-article"},"volume":null,"type":"article","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/A5081687723","display_name":"Ronald W. Masulis","orcid":"https://orcid.org/0000-0001-5205-341X","observed_orcids":["https://orcid.org/0000-0001-5205-341X"]},"institutions":[{"id":"https://openalex.org/I31746571","display_name":"UNSW Sydney","ror":"https://ror.org/03r8z3t63","country_code":"AU","type":"education","lineage":["https://openalex.org/I31746571"]},{"id":"https://openalex.org/I4210136188","display_name":"European Corporate Governance Institute","ror":"https://ror.org/04egehb02","country_code":"BE","type":"nonprofit","lineage":["https://openalex.org/I4210136188"]}],"countries":["AU","BE"],"is_corresponding":true,"raw_author_name":"Ronald W. Masulis","raw_affiliation_strings":["ABFER, Singapore","ECGI, Belgium","University of New South Wales, Australia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"ABFER, Singapore","institution_ids":[]},{"raw_affiliation_string":"ECGI, Belgium","institution_ids":["https://openalex.org/I4210136188"]},{"raw_affiliation_string":"University of New South Wales, Australia","institution_ids":["https://openalex.org/I31746571"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5081687723"],"corresponding_institution_ids":["https://openalex.org/I31746571","https://openalex.org/I4210136188"],"apc_list":{"value":2500,"currency":"USD","value_usd":2500},"apc_paid":null,"fwci":7.8972,"has_fulltext":false,"cited_by_count":33,"citation_normalized_percentile":{"value":0.96986966,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"49","issue":"1","first_page":"7","last_page":"35"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9990000128746033,"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":0.9990000128746033,"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/T13957","display_name":"Corporate Governance and Financial Management","score":0.00019999999494757503,"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/T11047","display_name":"Gender Diversity and Inequality","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/3318","display_name":"Gender Studies"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/board-of-directors","display_name":"board of directors","score":0.984000027179718},{"id":"https://openalex.org/keywords/ceo-incentives","display_name":"CEO incentives","score":0.953000009059906},{"id":"https://openalex.org/keywords/board-independence","display_name":"board independence","score":0.9240000247955322},{"id":"https://openalex.org/keywords/director-incentives","display_name":"director incentives","score":0.6639999747276306},{"id":"https://openalex.org/keywords/firm-performance","display_name":"firm performance","score":0.9710000157356262},{"id":"https://openalex.org/keywords/board-effectiveness","display_name":"board effectiveness","score":0.7599999904632568},{"id":"https://openalex.org/keywords/director-characteristics","display_name":"director characteristics","score":0.902999997138977},{"id":"https://openalex.org/keywords/firm-value-creation","display_name":"firm value creation","score":0.5910000205039978},{"id":"https://openalex.org/keywords/corporate-governance","display_name":"corporate governance","score":0.44200000166893005}],"concepts":[{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.9057246446609497},{"id":"https://openalex.org/C35651441","wikidata":"https://www.wikidata.org/wiki/Q625303","display_name":"Independence (probability theory)","level":2,"score":0.8002452850341797},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6579484939575195},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6092755794525146},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5209797024726868},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.3427940905094147},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.22227156162261963},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.19119268655776978},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.07760217785835266},{"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/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"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/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/ajfs.12287","doi":"https://doi.org/10.1111/ajfs.12287","is_oa":false,"landing_page_url":"https://doi.org/10.1111/ajfs.12287","pdf_url":null,"source":{"id":"https://openalex.org/S4210190745","display_name":"Asia-Pacific Journal of Financial Studies","issn_l":"2041-6156","issn":["2041-6156","2041-9945"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","cwts-core","jufo-1","kci-registered","poland-40","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asia-Pacific Journal of Financial Studies","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":75,"referenced_works":["https://openalex.org/W1508761556","https://openalex.org/W1560342694","https://openalex.org/W1981103534","https://openalex.org/W2004531271","https://openalex.org/W2048018272","https://openalex.org/W2096242048","https://openalex.org/W2110100821","https://openalex.org/W2126543743","https://openalex.org/W2142008025","https://openalex.org/W2144902254","https://openalex.org/W2148702225","https://openalex.org/W2154060107","https://openalex.org/W2156311802","https://openalex.org/W2160184254","https://openalex.org/W2168332984","https://openalex.org/W2210376527","https://openalex.org/W2247506531","https://openalex.org/W2334730685","https://openalex.org/W2369985350","https://openalex.org/W2589938514","https://openalex.org/W2605868452","https://openalex.org/W2621089075","https://openalex.org/W2684932333","https://openalex.org/W2734373383","https://openalex.org/W2752617332","https://openalex.org/W2793211141","https://openalex.org/W2797018151","https://openalex.org/W2891717843","https://openalex.org/W2937198638","https://openalex.org/W3021687173","https://openalex.org/W3121156566","https://openalex.org/W3121239055","https://openalex.org/W3121251469","https://openalex.org/W3121375661","https://openalex.org/W3121736574","https://openalex.org/W3122105346","https://openalex.org/W3122178747","https://openalex.org/W3122236209","https://openalex.org/W3122375962","https://openalex.org/W3122382151","https://openalex.org/W3122382350","https://openalex.org/W3122470359","https://openalex.org/W3122496457","https://openalex.org/W3122577803","https://openalex.org/W3122654668","https://openalex.org/W3122759333","https://openalex.org/W3122817970","https://openalex.org/W3122853031","https://openalex.org/W3122859634","https://openalex.org/W3122988551","https://openalex.org/W3123323948","https://openalex.org/W3123417791","https://openalex.org/W3123468997","https://openalex.org/W3123512527","https://openalex.org/W3123595534","https://openalex.org/W3123992956","https://openalex.org/W3124071598","https://openalex.org/W3124091336","https://openalex.org/W3124587674","https://openalex.org/W3124772597","https://openalex.org/W3124807495","https://openalex.org/W3124983557","https://openalex.org/W3124994146","https://openalex.org/W3125002304","https://openalex.org/W3125114465","https://openalex.org/W3125362379","https://openalex.org/W3125410430","https://openalex.org/W3125541002","https://openalex.org/W3125728001","https://openalex.org/W3125786079","https://openalex.org/W3125822881","https://openalex.org/W3125906709","https://openalex.org/W3126084607","https://openalex.org/W4251380393","https://openalex.org/W4252449759"],"related_works":["https://openalex.org/W3203438141","https://openalex.org/W3107680317","https://openalex.org/W3173272932","https://openalex.org/W3122577803","https://openalex.org/W3015559130","https://openalex.org/W1538906863","https://openalex.org/W7213334577","https://openalex.org/W7213236988","https://openalex.org/W6889782205","https://openalex.org/W4383164026"],"abstract_inverted_index":{"Abstract":[0],"This":[1],"article":[2,42,74],"surveys":[3],"the":[4,12,26,44,62,66,73,90],"recent":[5,45,91],"literature":[6],"on":[7,24,93],"boards":[8],"of":[9,31,56,65,69],"directors":[10],"and":[11,17,28,34,54,88],"interplay":[13],"between":[14,51],"director":[15,70,96],"incentives":[16,27,81],"CEO":[18],"incentives.":[19],"The":[20,41],"primary":[21],"focus":[22],"is":[23],"how":[25,76],"other":[29,95],"characteristics":[30,97],"directors,":[32],"boards,":[33],"CEOs":[35,83],"interact":[36],"to":[37,84],"affect":[38],"firm":[39,57,86],"performance.":[40,58],"reviews":[43],"evidence":[46,92],"documenting":[47],"a":[48],"causal":[49],"relationship":[50],"board":[52,77,99],"independence":[53,78],"measures":[55],"It":[59],"also":[60],"discusses":[61],"major":[63],"limitations":[64],"current":[67],"measure":[68],"independence.":[71],"Finally,":[72],"highlights":[75],"provides":[79],"strong":[80],"for":[82],"create":[85],"value":[87],"examines":[89],"what":[94],"improve":[98],"effectiveness.":[100]},"counts_by_year":[{"year":2026,"cited_by_count":6},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":6},{"year":2021,"cited_by_count":3},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":2},{"year":2016,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2020-02-24T00:00:00"}
