skip to content

Cambridge Endowment for Research in Finance (CERF)

 

This project investigates the impact of director reputational incentives in the labour market on director monitoring, corporate governance, and firm performance. Hand-collecting a sample of retired CEO directors, we study the impact of their CEO retirement announcements on the value of the firms in which they continue to hold outside directorships, and whether post-retirement diminishing incentives in the director labour market wield real impact on the quality and intensity of retired CEO director monitoring and on governance. We aim at providing direct and empirical evidence of the incentives of independent directors on firm governance and performance.

Project Title: Director Incentives in the Labour Market, Corporate Governance, and Firm Performance

PI: Bang Dang Nguyen

Project Update - August 2021

Project Update - August 2020

Project Update - April 2020

Project Update - August 2019

Project Update - April 2019

Project Update - August 2018

Latest news

Best Student Paper Award 2021 - winners announced

18 June 2021

For the last 13 years, Cambridge Finance is offering its Best Student Paper Award. The award comprises a cash honorarium of £1,000 and a certificate is awarded to the author of the best student paper in finance presented during the 2020-2021 academic year.

Best Student Paper Award 2021 - competition is now open

12 February 2021

For the last 13 years, Cambridge Finance is offering its Best Student Paper Award. The award comprises a cash honorarium of £1,000 and a certificate is awarded to the author of the best student paper in finance presented during the 2020-2021 academic year.