A Survey of Recent Evidence on Boards of Directors and CEO Incentives
Recent corporate governance research reports several major developments.
Recent corporate governance research reports several major developments.
Firms hold cash for several reasons, e.g., to seize strategic opportunities as they arise or as abuffer against unexpected shocks.
Bank executive incentives and compensation have been in the spotlight since the 2007-2009 financial crisis.
The board of directors is the highest decision-making authority in a corporation. But sometimes boards struggle to make decisions.