Skill Mismatching: Evidence from the Amendment on Regulation S-K in 2009

Project Details

Description

We study whether U.S. firms with a lower skill mismatching on the board committees after the amendment on regulation S-K in 2009 generate higher firm value and better operating performance. We expect that the firms with a lower skill mismatching after the amendment on regulation S-K in 2009 have higher board meeting attendance, experience better announcement returns of M&As, enjoy lower cost of debt, conduct more value-enhancing research activities, and design an efficient compensation package.
StatusFinished
Effective start/end date1/09/1930/11/20

UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This project contributes towards the following SDG(s):

  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 17 - Partnerships for the Goals

Keywords

  • Board composition
  • Directors
  • SOX
  • Regulation S-K
  • Skill mismatching
  • Firm performance

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