Corporate Short-Termism - In the Boardroom and in the Courtroom
A long-held view in corporate circles has been that furious rapid trading in stock markets has been increasing in recent decades, justifying corporate...
Read moreA long-held view in corporate circles has been that furious rapid trading in stock markets has been increasing in recent decades, justifying corporate...
Read moreInvestor-driven “short-termism” is said to harm EU public firms’ ability to invest for the long term, prompting calls for the EU to better...
Read moreThe big corporate governance debates nowadays concern the corporation’s time horizons, and the balance of power between shareholders and managers....
Read moreWe model blockholder governance as a sequential process, from less hostile private intervention, to confrontational public intervention, and...
Read moreWe argue that the root cause behind the recent corporate scandals associated with CEO pay is the technology bubble of the latter half of the 1990s. Far from...
Read moreStock-market–driven short-termism is crippling the American economy, according to legal, judicial, and media analyses. Firms forgo the R&D...
Read moreThe notion of stock-market-driven short-termism relentlessly whittling away at the American economy’s foundations is widely accepted and highly...
Read moreThis paper looks at shareholder activism from the perspective of the revision of the EU Shareholder Rights Directive, which was approved by the European...
Read moreProposals to favor long-term shareholders of public firms are based on a widely-held belief: that long-term shareholders, unlike short-term...
Read moreUsing the Sarbanes-Oxley Act of 2002 as a quasi-natural experiment to identify the impact of corporate governance reform on foreign exchange risk...
Read moreThis chapter introduces the Research Handbook on Comparative Corporate Governance and surveys several of the central themes addressed in the book....
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