Winner of the 2019 Cleary Gottlieb Hamilton & Steen Law Prize in the ECGI Working Paper Series. Watch Profs. Lucian Bebchuk (Harvard Law) and Scott Hirst (Boston University) present their paper "Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy” at the ECGI Annual Members' Meeting in Barcelona (2019).
Video
Mike Everett, Governance & Stewardship Director, Standard Life Investments speaks about being an Institutional Member of ECGI and how academic
Watch highlights of the 2017 ECGI Annual Members' Meeting in London and listen to some of our members speak about what ECGI means to them.
Winners of the 2020 Aberdeen Standard Investments Finance Prize and 2020 Cleary Gottlieb Hamilton & Steen Law Prize in the ECGI Working Paper Series present their papers.
Interview with Professor Per Strömberg, SSE Centennial Professor of Finance and Private Equity, Swedish House of Finance, ECGI Research Member.
Presentation
This year, the Finance Series prize of €5,000, which is sponsored by Standard Life Investments, the global fund manager, was awarded to Professor Mariassunta Giannetti (Stockholm School of Economics) and Mengxin Zhao (University of Alberta), for their paper on “Board Diversity and Firm Performance Volatility”.
"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.
The annual lecture, which was attended by ECGI members together with interested members of the public, was delivered by Professor Francesca Cornelli, Professor of Finance and Director of Private Equity, London Business School. Professor Cornelli’s lecture, entitled “Are CEO’s Fired for Bad Luck?”, debated the accountability of senior corporate management and whether they always deserve the consequences of unfortunate events that may lead to their demise.