Ncon |
Log (nº total de conselheiros) |
Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Gaur et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Wen et al. (2020)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
- |
Cind |
Nº de conselheiros independentes/nº total de conselheiros |
Masulis et al. (2012)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Akpan e Amran (2014)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |
Busy
|
Nº de conselheiros que ocupam cadeiras em outros conselhos/nº total de conselheiros |
Faleye et al. (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Iliev e Roth (2018)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
- |
Tcon |
Log (tenure médio dos conselheiros) |
Güner et al. (2008)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Iliev e Roth (2018)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+ |
IMC |
Log (idade média dos conselheiros) |
Darmadi (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Akpan e Amran (2014)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+ |
Turnover cons |
Dummy: 1 - ano de turnover do chairman; 0 - caso contrário. |
Güner et al. (2008)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Faleye et al. (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |
Econ |
Nível escolaridade dos conselheiros: 0 -nãotem graduação; 1 - graduação; 2 - pós-graduação lato sensu; 3 - mestrado; 4 - doutorado; e 5 - pós-doutorado. |
Fraga e Silva (2012)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Akpan e Amran (2014)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Perlin et al. (2019)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+ |
Dcons |
Dummy: 1 - houve mudança na composição do conselho no mesmo ano; 0 - caso contrário. |
Güner et al. (2008)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |
Dual
|
Dummy: 1 - CEO e chairman são a mesma pessoa; 0 - caso contrário. |
Faleye et al. (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
e Wen et al. (2020)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
- |
Nex
|
Log (nº de executivos) |
Jensen e Warner (1988)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |
Tex
|
Log (tenure médio dos executivos) |
Goyal e park (2002)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
- |
IME
|
Log (idade média dos executivos) |
Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
e Liao et al. (2017)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
- |
EExec
|
Nível escolaridade dos executivos: 0 -nãotem graduação; 1 - graduação; 2 - pós-graduação lato sensu; 3 - mestrado; 4 - doutorado; e 5 - pós-doutorado. |
Akpan eAmran, (2014)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
e Gaur et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+ |
Dpest |
Dummy: 1 - houve mudança de titularidade estrangeira no mesmo ano; 0 - caso contrário. |
Agyei-Boapeah (2019)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |
Ativo total (AT) |
Log (ativo total) |
Faleye et al. (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Iliev e Roth (2018)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Cao et al. (2019)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Wen et al. (2020)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+ |
Alavancagem (AL) |
(Passivo circulante + Passivo não circulante)/patrimônio líquido |
Faleye et al. (2011)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, Choi et al. (2012)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
, e Giannetti et al. (2015)Faleye, O., Hoitash, R., & Hoitash, U. (2011). The costs of intense board monitoring. Journal of Financial Economics, 101(1), 160-181. doi:10.1016/j.jfineco.2011.02.010 https://doi.org/10.1016/j.jfineco.2011.0...
|
+/- |