讲座主题：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.
讲座人简介：蔡欣妮，中国人民大学商学院财务与金融系博士研究生，研究方向为公司治理、公司财务、股权结构、董事会，曾在《Pacific-Basin Finance Journal》、《会计研究》、《经济研究》、《管理世界》等期刊发表过论文。