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The attention for the governance of financial sector supervisors is of a recent date. The debate has risen to the fore … governance debate. We first discuss the main premise of the paper, that regulatory governance plays a pivotal role in instilling … financial sector governance, which in turn is a key source of corporate governance in the nonfinancial sector (the governance …
Persistent link: https://www.econbiz.de/10011704596
There was a systemic failure of financial regulation: senior policymakers repeatedly enacted and implemented policies that destabilised the global financial system. They maintained these policies even as they learned of the consequences of their policies during the decade before the crisis. The...
Persistent link: https://www.econbiz.de/10013094089
The central aim of the article is company governance, i.e., researching governance of a company that does not want to … be only financially successful but also direct its governance toward socially responsible governance. The article begins … with the definition of "theoretical backgrounds," in which social responsibility in regard to company governance …
Persistent link: https://www.econbiz.de/10012040099
Governance risks stem from the own governance of any organization. The paper puts forward an operational viewpoint of … those risks, by mapping the most distinctive categories of governance analysis onto time-dependent governance variables … the risky positions carried out by governance variables, tracking them down onto their natural drivers, the incremental …
Persistent link: https://www.econbiz.de/10009355755
In this paper, we set forth a scoreboard for dealing with those risks that arise from the governance of any … organization. Firstly, we introduce the subject of governance risks and, secondly, we move on to a cardinal index that not only … measures up governance performance but also provides with a rate of governance risks. Next, we argue for protocol that builds …
Persistent link: https://www.econbiz.de/10009756250
institutional investors has transformed the governance landscape. The study analyzes the agency problems that the investment … that the rise of such funds has system-wide adverse consequences for corporate governance. Activist hedge funds have ….cfm?abstract_id=3282794" Index Funds and the Future of Corporate Governance: Theory, Evidence, and Policy and "https://papers.ssrn.com/sol3 …
Persistent link: https://www.econbiz.de/10012835104
-independent board of directors are consistent with the hypothesis of governance problem or whether this problem is mitigated by implicit …
Persistent link: https://www.econbiz.de/10012903789
Does corporate governance structure matter for firm value? We develop a model in which the allocation of control rights … between shareholders and managers (“governance structure”) affects managers' incentive to invest (strong governance tightens … managerial freedom and weak governance loosens it), and firms' investment decisions are linked through a market for resources. We …
Persistent link: https://www.econbiz.de/10012850031
We analyze how the rise of institutional investors has transformed the governance landscape. While corporate ownership … system-wide adverse consequences for corporate governance. Activist hedge funds have substantially better incentives than … and the Future of Corporate Governance: Theory, Evidence, and Policy and "https://papers.ssrn.com/sol3/papers …
Persistent link: https://www.econbiz.de/10012854199