In this Paper we discuss the role of the media in pressuring corporate managers and directors to behave in ways that … anecdotal and systematic evidence that media affect companies’ policy toward the environment and the amount of corporate … focus of the corporate governance debate and for the feasibility of reforms aimed at improving corporate governance around …

In this paper I argue that corporate finance theory, empirical research, practical applications, and policy … change the way we do corporate finance, both theoretically and empirically. …

We study the effect of media coverage on corporate governance by focusing on Russia in the period 1999-2002. This … setting offers us three ideal conditions for such a study: plenty of corporate governance violations, no alternative … coverage of corporate governance violations in the Anglo-American press. We also find that coverage in the Anglo-American press …

discuss corporate governance only in an incomplete contract world. " In this world, the notion of corporate governance is …This essay summarizes my own personal view of what corporate governance is about. I" argue that it makes sense to … (1997a and 1997b). I conclude discussing the limitations of the incomplete" contracts approach to corporate governance. …

What external control mechanisms are most effective in detecting corporate fraud? To address this question we study in … depth all reported cases of corporate fraud in companies with more than 750 million dollars in assets between 1996 and 2004 … frivolous suits, suggesting gains from extending such incentives to corporate fraud more generally. …

The changing nature of the corporation forces us to re-examine much of what we take for granted in corporate governance … returns of outside investors? In this paper we argue that, given the changing nature of the firm, the focus of corporate … now be the main focus of study in corporate governance. …

This paper analyzes the interaction between corporate taxes and corporate governance. We show that the characteristics … show that the corporate governance system affects the level of tax revenues and the sensitivity of tax revenues to tax … changes. When the corporate governance system is ineffective (i.e., when it is easy to divert income), an increase in the tax …