The financial crisis has placed executive pay at center stage in the corporate governance reform debate in the United States and around the world. We consider whether a judge-made solution to the problem will support the regulatory reform effort to reduce or eliminate excessive compensation. In...

Managerial devices are rapidly developing as a means for driving the legal behaviour of organisations, including those of states and corporations. This article explores the managerial rationality underpinning global legal indicators, and the constraints they convey on legal behaviour. In...

This paper, which was first presented as a conference paper at the Annual 2009 Supreme Court of New South Wales Conference in June 2009, considers the impact of the global financial crisis on the regulation of executive pay in a range of common law jurisdictions, including the United States, the...

This paper investigates the relationship between family firm, internal and external governance, and corporate fraud. We focus on judicial and market attitudes toward professional top managers, not controlling shareholders, involved in corporate fraud in family controlled firms in Korea. We find...

Business professionals should keep up with (legal) changes in their business practise and environment. This research project offers some insight in the effectiveness of executive business law education regarding the role and responsibilities of group management. Because specific law is absent on...

Former employee directors bring unique aspects to firm governance. While they have valuable firm-specific knowledge, their connections to current management often compromise their ability to serve as effective monitors. Consistent with this viewpoint, we find that the presence of former employee...

How can office-seeking politicians or managers be aligned with social welfare or firm welfare, given that such agents have a suboptimal incentive to cater to majority preferences in situations with low participation costs and to elite preferences in situations with high participation costs? In...

Expertise is increasingly being recognized as an important component to enhance boards' and directors' effectiveness. In view of the increasing relevance of special skill/ expertise in specific industries, this study offers insights to policy makers to improve corporate governance and directors'...

How do you build the best board for your organization? What attributes and skills are required by law and what mix of experiences and talents will give you the best corporate governance? What are the commonly required director attributes that are a must for each board and how do you customize...

La ejecución del embargo de cuentas corrientes a través de sistemas telemáticos de gestión centralizada ha supuesto un cambio radical en el modo de gestión procedimental de la ejecución, poniendo de relieve muchas de las dificultades que este tipo de diligencia ha venido presentando en los...