Italian Abstract:L’avvento dei social media ha eliminato le barriere di ingresso al dibattito pubblico, favorendo l’espansione del suo perimetro. A fronte di un aumento quantitativo del dibattito, vi è stata una riduzione della capacità del sistema di vagliare criticamente le idee e le...

This chapter of the Oxford Handbook on Corporate Law and Governance examines the role of institutional investors in corporate governance and the role of regulation in encouraging institutional investors to become active stewards. I approach these topics through asking what lessons we can draw...

The corporate governance breakdowns of the first decade of the 21st century, including the misaligned incentives that helped to cause the crisis of 2008, suggest an urgent need for reforms beyond those mandated by Dodd-Frank. This book offers reform recommendations based on the relatively...

No one has stepped back to take a comprehensive look at what pundits, academics, software companies, service providers, and commentators have suggested in the name of corporate governance reform. This article does so, detailing the morass that has been overlaid on the Sarbanes-Oxley (SOX)...

Like Shakespeare's Shylock, market speculators, "junk bond" dealers, and other market specialists are criticized as manipulators of money who create no real value. But is this true? Or do financiers perform a valuable function in the economy? In this essay, Stephen Hicks challenges a...

The widely recognized failure of corporate governance in the late twentieth century and early twenty-first century parallels the severe limitations of mainstream theoretical models of corporate governance. The dominant shareholder perspective and the competing stakeholder perspective presuppose...

The article discusses the actual economic situation of contemporary China from the point of view of monetary-Keynesianism. The analysis suggests as a theoretical-empirical postulate that the sufficient condition for the completion of the process of transformation of the Chinese economy and its...

Corporate purpose is the hot topic in corporate governance. Critics are calling for corporations to shift their purpose away from shareholder value as a means of addressing climate change, equity and inclusion, and other social values. We argue that this debate has overlooked the critical...