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"How good is bad corporate governance"

Empirical studies of the impact or determinants of corporate governance usually work with quantitative measures of the 'quality' of corporate governance, often condensed into one-dimensional quality measures. This is problematic because the quality and the impact of corporate governance is complex and should be measured along several dimensions. In this lecture, Professor von Thadden will discuss some of them and show how their explicit recognition can improve the empirical understanding and political assessment of good corporate governance.

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