Corporate Governance and Banking Union in a transatlantic perspective
- 17 December 2012
- •
- National Bank of Belgium, Brussels
The theme of the ninth conference in the series which took place at the National Bank of Belgium in Brussels on Monday, 17th December 2012 was Corporate Governance and Banking Union in a transatlantic perspective.
The organisers are most grateful for the support of the National Bank of Belgium and for the sponsorship of the 2012 conference by PricewaterhouseCoopers (PwC).
Information
Monday, 17th December 2012
Registration
Welcome & Introduction to the Conference
Speakers:
Session 1 - Corporate Governance and Financial Institutions
Discussion panel on transatlantic issues- Chaired by Jörgen Holmquist
Speakers:
Panel
Speakers:
Coffee
Session 2 - Post-crisis reform
Keynote speaker
Speakers:
Question & Answers- moderated by Jeffrey Gordon
Speakers:
Lunch
Session 3 - The Structure of the Banking Union
Speakers:
Moderator
Moderator:
Coffee
Keynote speaker
Speakers:
Session 4 - Implementing the Banking Union
Keynote speaker
Speakers:
Discussion panel chaired by Mario Nava
Moderator:
Panel
Speakers:
Session 5 - The Transatlantic perspective
Keynote speaker
Speakers:
Session 6 - Summing up, Assessment and the Way Ahead
Speakers:
Speakers
Presentations
Welcome & Introduction to the Conference
Welcome & Introduction to the Conference
Speakers
Convergence and Persistence in Corporate Law and Governance
This paper, which will be the basis for a chapter in the forthcoming OXFORD HANDBOOK OF CORPORATE LAW AND GOVERNANCE (Jeffrey Gordon and Georg Ringe,...
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The Origins of a Capital Market Union in the United States
EU policy-makers have focused on the creation of a “Capital Market Union” to advance the economic vitality of the EU in the aftermath of the Global...
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Systemic Harms and Shareholder Value
The financial crisis has demonstrated serious flaws in the corporate governance of systemically important financial firms. In particular, the...
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Discussion panel on transatlantic issues- Chaired by Jörgen Holmquist
Discussion panel on transatlantic issues- Chaired by Jörgen Holmquist
Speakers
Panel
Panel
Speakers
Conference Documents
Principles of Financial Regulation
Inadequate regulation of the financial system is widely thought to have contributed to the financial crisis. The purpose of the book is to articulate a...
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Agency Capitalism: Further Implications of Equity Intermediation
This chapter continues our examination of the corporate law and governance implications of the fundamental shift in ownership structure of U.S. public...
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The Origins of a Capital Market Union in the United States
EU policy-makers have focused on the creation of a “Capital Market Union” to advance the economic vitality of the EU in the aftermath of the Global...
Read more
Bank Governance
According to a common narrative, in addition to inadequate capital and liquidity, the failure of banks in the financial crisis also reflected their poor...
Read moreKeynote speaker
Keynote speaker
Speakers
Question & Answers- moderated by Jeffrey Gordon
Question & Answers- moderated by Jeffrey Gordon
Speakers
Bank Resolution in Europe: the Unfinished Agenda of Structural Reform
This chapter argues that the work of the European Banking Union remains incomplete in one important respect, the structural re-organization of large...
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The Rise of Independent Directors in the United States, 1950-2005: of ShareholderValue and Stock Market Prices
Between 1950 and 2005, the composition of large public company boards dramatically shifted towards independent directors, from approximately 20%...
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Systematic Stewardship
This paper frames a normative theory of stewardship engagement by large institutional investors and asset managers in terms of their theory of...
Read moreSystemic Harms and Shareholder Value
The financial crisis has demonstrated serious flaws in the corporate governance of systemically important financial firms. In particular, the...
Read more
Session 3 - The Structure of the Banking Union
Session 3 - The Structure of the Banking Union
Speakers
Conference Documents
Standard Setting for Accountants and the Role of the Public Interest Oversight Board
Standard setting for accountants and auditors takes places in international bodies, organised within the framework of the International Federation...
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The Single Supervisory Mechanism or ?SSM?, Part One of the Banking Union
The Regulation on the Single Supervisory Mechanism mandates the European Central Bank to exercise prudential supervision on the most significant...
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Banking Union: Aspects of the Single Supervisory Mechanism and the Single Resolution Mechanism Compared
The Banking Union is based on different components, partly on directives applicable throughout the EU, partly on two regulations applicable only in the...
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Implementation of the SRD II Provisions on Related Party Transactions
In 2017 the European Union adopted amendments to the Shareholder Rights Directive enacted a decade earlier. Among the changes was a new Article 9c...
Read moreKeynote speaker
Keynote speaker
Speakers
Conference Documents
Keynote speaker
Keynote speaker
Speakers
Conference Documents
Panel
Panel
Speakers
Conference Documents
Pay for Short-Term Performance: Executive Compensation in Speculative Markets
We 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...
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Investor Ideology
We estimate institutional investor preferences from proxy voting records. The W-NOMINATE method maps investors onto a left-right dimension based on...
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Corporate Governance and Control
Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of...
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L-Shares: Rewarding Long-Term Investors
We argue that a fundamental reason for the short term perspective of corporate executives is the short-term orientation of shareholders and financial...
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Do Investors Care about Carbon Risk?
We study whether carbon emissions affect the cross-section of U.S. stock returns. We find that stocks of firms with higher total CO2 emissions (and...
Read moreKeynote speaker
Keynote speaker
Speakers
Session 6 - Summing up, Assessment and the Way Ahead
Session 6 - Summing up, Assessment and the Way Ahead
Speakers
Panel Discussions
Moderator
Moderator
Moderator
Discussion panel chaired by Mario Nava
Discussion panel chaired by Mario Nava
Moderator