Acharya, Viral V. (contributor); Volpin, Paolo (contributor) - 2007
their management to incentivize them. This forces firms with good
governance to also pay their management more than they …. However, setting regulatory standards appropriately would require intimate knowledge of
the nature and extent of governance … knowledge (again, Sarbanes Oxley Act may
be a case in point in terms of “over-regulating” governance).
Thus, market …