In the last decade, reforms have been implemented worldwide to improve gender diversity in corporate boardrooms. “Boardroom diversity is a key social performance issue, and boardroom reforms represent major social and governance policy initiatives,” say HKUST’s Mingyi Hung and Emily Jing Wang, working with colleagues. Their forward-thinking study sheds light ... Read More

Listing on a U.S. stock exchange can be good for business, but U.S.-listed foreign firms pay a big price for deliberately misleading investors, according to a 2020 study by Ge, Matsumoto, Wang, and Zhang. . The authors compared the responses of U.S. stock markets to accounting irregularities—intentionally misstated financial information—disclosed by U.S ... Read More