In appraisal cases, shareholders have the right to have a judge determine the “fair value” of their shares.  These cases bring econo

Policymakers and investors around the world have been increasingly emphasizing the importance of effective corporate governance systems.

The past two decades have witnessed dramatic changes to the boards of directors of U.S. public corporations.

Firms with strong corporate governance are often likened to democracies.

ECGI is now accepting Research Membership Applications

Many investors and governance experts believe that “skin in the game” of managers, i.e.

Although the phrase, ‘corporate culture’, has been described by commentators as ‘inherently slippery’, it has become part of the global r

A significant development in the global economy over the last two decades has been the emergence of businesses that organize and define t

Financial reports are important tools used by investors to evaluate company performance and future prospects.

Mergers and acquisitions (M&As) are among the most important events in a company’s lifecycle and have a significant impact on the fir

In this article, we examine the potential for management-worker alliances when employees have substantial voting rights from their equity