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We model how lobbying by interest groups affects the level of investor protection. In our model, insiders in existing … under which this lobbying game has an inefficiently low equilibrium level of investor protection. Factors that operate to …
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We model how lobbying by interest groups affects the level of investor protection. In our model, insiders in existing … under which this lobbying game has an inefficiently low equilibrium level of investor protection. Factors that operate to …
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To address growing concerns about the negative effects of corporations on their stakeholders, supporters of stakeholder governance (“stakeholderism”) advocate a governance model that encourages and relies on corporate leaders to serve the interests of stakeholders and not only those of...
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