Annual Lecture 2014: "How good is bad corporate governance" - Professor Ernst-Ludwig von Thadden
Speaker(s)
Professor of Economics and Finance
Discussant(s)
Professor of Finance and the Goldschmidt Professor of Corporate Governance
"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.