Benefits of Busy Boards for IPO Firm Performance

This presentation examines the role and importance of busy boards in corporate governance, with a focus on IPO firms. It outlines hypotheses on their effectiveness, referencing key studies and governance recommendations. Using a sample of 1,099 IPO firms, the analysis explores the characteristics and impacts of busy directors on young firms' performance. Key findings highlight their advisory benefits and their diminishing impact over time. The research employs robust methodologies, including...