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Contributor Biographies

Vidhan Goyal

Professor, HKUST, Hong Kong
Vidhan GoyalVidhan Goyal

Vidhan Goyal is a professor of finance at the Hong Kong University of Science and Technology. His research interests are in empirical corporate finance, with an emphasis on capital structure and corporate governance. His research papers have been published in the Journal of Finance, Journal of Financial Economics, Journal of Business, Journal of Financial Intermediation, Finance Research Letters, Journal of Corporate Finance, and the Pacific Basin Finance Journal. Professor Goyal is a member of the American Finance Association, the Western Finance Association, and Beta Gamma Sigma.

Articles by this Author

  • Corporate Board Structures
    by Vidhan Goyal
    The job of the board is to control the managerial succession process (involving hiring, assessing, promoting, and if required, dismissing the CEO), and to provide high-level counsel to top management.There is a widespread skepticism of the effectiveness of boards. Recent accounting scandals at firms such as Enron, WorldCom, and Parmalat have resulted in intense scrutiny of the function of boards. Critics point out that corporate boards have...

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