{"id":3633,"date":"2025-06-23T09:07:11","date_gmt":"2025-06-23T12:07:11","guid":{"rendered":"https:\/\/www.ufrgs.br\/ppge\/?p=3633"},"modified":"2025-06-25T08:46:33","modified_gmt":"2025-06-25T11:46:33","slug":"seminario-de-pesquisa-25-06","status":"publish","type":"post","link":"https:\/\/www.ufrgs.br\/ppge\/seminario-de-pesquisa-25-06\/","title":{"rendered":"Semin\u00e1rio de Pesquisa 25\/06"},"content":{"rendered":"\n
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Semin\u00e1rio de Pesquisa 25\/06<\/h2>\n\n\n\n

Deixe um coment\u00e1rio<\/a> \/ Economia Aplicada<\/a>, Semin\u00e1rios de Pesquisa<\/a> \/ Por Helena Camillo<\/p>\n\n\n\n

Ocorrer\u00e1 no dia 25\/06\/2025, quarta-feira, \u00e0s 14h<\/strong> na sala 402 \u2013 FCE<\/strong>, o Semin\u00e1rio de Pesquisa \u201cToo busy to mind their business? The role of busy directors and their compensation in firm performance and resilience\u201d<\/strong>, na \u00e1rea de Economia Aplicada, ministrado pelo <\/strong>Dr. Cristian Foguesatto (UFRGS).<\/p>\n\n\n\n

Resumo:<\/strong><\/p>\n\n\n\n

Busy board members\u2019 experience, network, and expertise make them valuable monitors and advisors. As such, their compensation packages should reflect these attributes. However, there is conflicting evidence regarding the trade-offs between the advantages and disadvantages of directors holding multiple directorships. In this study, we examine whether busy board members are compensated more generously and, if so, explore the role they play in firm performance and resilience (severity of loss and time to recovery), taking their compensation into account. We analyze data from over 17,000 board members across 918 publicly traded non-financial American companies from 2008 to 2024. Our findings show that busy directors receive higher compensation and contribute positively to firm performance. While greater compensation is associated with improved firm performance, the interaction between compensation and busyness is not significant to performance and even jeopardizes the positive effects compensation and busyness bring. We provide evidence supporting the reputation hypothesis, suggesting that busy directors enhance firm performance due to their reputation rather than higher compensation. The contrary is evidenced for turbulent times with busy directors contributing to financial resilience only when the right monetary incentive is given to them.<\/p>\n","protected":false},"excerpt":{"rendered":"

Semin\u00e1rio de Pesquisa 25\/06 Deixe um coment\u00e1rio \/ Economia Aplicada, Semin\u00e1rios de Pesquisa \/ Por Helena Camillo Ocorrer\u00e1 no dia 25\/06\/2025, quarta-feira, \u00e0s 14h na sala 402 \u2013 FCE, o Semin\u00e1rio de Pesquisa \u201cToo busy to mind their business? The role of busy directors and their compensation in firm performance and resilience\u201d, na \u00e1rea de Economia Aplicada, ministrado pelo Dr. Cristian Foguesatto (UFRGS). Resumo: Busy board […]<\/p>\n","protected":false},"author":6,"featured_media":3646,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[9,3],"tags":[],"class_list":["post-3633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economia-aplicada","category-seminarios"],"_links":{"self":[{"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/posts\/3633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/comments?post=3633"}],"version-history":[{"count":7,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/posts\/3633\/revisions"}],"predecessor-version":[{"id":3651,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/posts\/3633\/revisions\/3651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/media\/3646"}],"wp:attachment":[{"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/media?parent=3633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/categories?post=3633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ufrgs.br\/ppge\/wp-json\/wp\/v2\/tags?post=3633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}