Similar Search Results

CEO Pay and the rise of Relative Performance Contracts : A Question of Governance?

Bell, Brian - 2016

Would moving to relative performance contracts improve the alignment between CEO pay and performance? To address this we exploit the large rise in relative performance awards and the share of equity pay in the UK over the last two decades. Using new employer-employee matched datasets we find...

Persistent link: https://www.econbiz.de/10012456270

Contractual Freedom and the Evolution of Corporate Control in Britain, 1862 to 1929

Guinnane, Timothy W. - 2014

British general incorporation law granted companies an extraordinary degree of contractual freedom to craft their own governance rules. It provided companies with a default set of articles of association, but incorporators were free to reject any part or all of the model and write their own...

Persistent link: https://www.econbiz.de/10012458187

The Global History of Corporate Governance : An Introduction

Morck, Randall K. - 2005

This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France …

Persistent link: https://www.econbiz.de/10012467625

The State of Corporate Governance Research

Bebchuk, Lucian A. - 2009

This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate...

Persistent link: https://www.econbiz.de/10012463112

CEO Behavior and Firm Performance

Bandiera, Oriana - 2017

learning algorithm. The algorithm uncovers two distinct behavioral types: "leaders" and "managers". Leaders focus on multi …-function, high-level meetings, while managers focus on one-to-one meetings with core functions. Firms with leader CEOs are on average …

Persistent link: https://www.econbiz.de/10012455433

The Impact of Brexit on UK Firms

Bloom, Nicholas - 2019

We use a major new survey of UK firms, the Decision Maker Panel, to assess the impact of the June 2016 Brexit referendum. We identify three key results. First, the UK's decision to leave the EU has generated a large, broad and long-lasting increase in uncertainty. Second, anticipation of Brexit...

Persistent link: https://www.econbiz.de/10012480162

Did the Reform Fix the London Fix Problem?

Ito, Takatoshi - 2017

This paper examines the consequences of the 2015 reform on the London fixing in the interbank forex market, which … behavior after the reform, and the volume spike in the fixing window disappeared. However, the anomalies on price dynamics … to examine the efficiency of banks' behavior after the reform. The volume pattern during the fixing time window suggests …

Persistent link: https://www.econbiz.de/10012455354

Exchange Rates and Casualties During the First World War

Hall, George J. - 2002

I estimate two factor models of Swiss exchange rates during the FirstWorldWar. I have data for five of the primary belligerents: Britain, France, Italy, Germany, and Austria-Hungary. At the outbreak of the war, these nations suspended convertibility of their currencies into gold with the promise...

Persistent link: https://www.econbiz.de/10012469448

Financial Systems, Economic Growth, and Globalization

Rousseau, Peter L. - 2001

This paper brings together two strands of the economic literature -- that on the finance-growth nexus and that on capital market integration -- and explores key issues surrounding each strand through both institutional/country histories and formal quantitative analysis. We begin with studies of...

Persistent link: https://www.econbiz.de/10012470401

Were Trade and Factor Mobility Substitutes in History?

Collins, William J. - 1997

the literature. This paper uses history to fill the gap. It treats the experience of the Atlantic economy between 1870 and …

Persistent link: https://www.econbiz.de/10012472755