講座人：蔡欣妮（中國人民大學）

講座主題：Remote Board Meetings and Board Monitoring Effectiveness: Evidence from China

摘 要：Using unique data on board meeting types of Chinese firms, we examine the effect of remote board meetings on board monitoring effectiveness. We find that compared to face-to-face meetings, remote meetings are associated with better meeting attendance behavior of directors, higher likelihood of director dissent on monitoring-related proposals, higher forced CEO turnover-performance sensitivity, and more effective investments. Proposal-director-level analysis further shows that remote meetings increase (reduce) dissension incentives of busy and young directors (first-term and socially connected directors). The results suggest that remote meetings improve board monitoring effectiveness by facilitating status equalization among directors and alleviating their pressure for conformity.

講座時間：2019年11月06日（周三下午），15:00-16:00

講座地點：學院南路學術會堂603會議室

講座人簡介：蔡欣妮，中國人民大學商學院财務與金融系博士研究生，研究方向為公司治理、公司财務、股權結構、董事會，曾在《Pacific-Basin Finance Journal》、《會計研究》、《經濟研究》、《管理世界》等期刊發表過論文。