Intro -- Contents -- Preface -- 1. Introduction -- 2. Reputation and Trust -- 3. Reputation and Good Public Governance -- 4. Entities, Roles, and Functions of Reputation-Based Governance -- 5. Computing Measures of Reputation -- 6. The Production of Statistical Information and the Analysis of...

First used in conjunction with offshore trusts, trust protectors have begun to appear in domestic trusts as well. In part, the protector appears designed to reduce agency cost problems associated with the trust form. But the emergence of trust protectors raises a new set of agency cost problems:...

We show that in countries with more societal trust shareholders cast fewer votes at shareholder meetings and are more supportive of management proposals. This result is confirmed by instrumental variable regressions. It also holds at the U.S.-county level and for voting by U.S. institutional...

A key objective of shareholder activists is to persuade a firm’s management to change its strategy. CFOs play an important role in negotiations, nonetheless activism research mainly focuses on CEOs. We examine the relationship between CFO overconfidence and the likelihood to get targeted by...