Frank P. D'Souza

TL;DR: In this paper, the authors examined the business case for the inclusion of women and ethnic minority directors on the board and found no significant relationship between the gender or ethnic diversity of the board, or important board committees, and financial performance for a sample of major US corporations.

TL;DR: The authors examined the relationship between the gender and ethnic minority diversity of the board of directors and the financial performance of the firm and found that diversity has a positive effect on financial performance as measured by Tobin's q.

TL;DR: In this article, the authors examine the current state of the research on firm performance and the gender diversity of firms' boards of directors and find that the evidence on the business case for women directors is mixed, but tends to support the view that the ability of women directors to influence profitability and shareholder value is contingent on the specific circumstances of each company.

TL;DR: The credit derivatives market has been referred to as a new continent with boundless opportunity as mentioned in this paper, and it has been asserted that credit derivatives act as "shock absorber[s]" that cushion against widespread loss in the case of corporate crises.

TL;DR: In this paper, the authors consider the potential for civil liability stemming from the Global Financial Crisis (GFC), based upon both common law and statutory liability, and consider the advantages and disadvantages of imposing civil liability on credit rating agencies.