The purpose of this paper is to empirically test the claim made by Stern Stewart & Company that economic value added is a better metric that traditional earning based measures in explaining market value. For better exposition, a sample of 325 Indian firms has been divided into two parts- 170...

The intensity of debates on corporate governance has increased significantly in the past decades. Problems deriving from the classical agency conflict in publicly held corporations, amongst which, most notably, the risk of low shareholder protection have been persistent. It is amidst these...

We provide a comprehensive overview of codetermination, i.e., worker representation in firms' governance and management. We cover the institution's history, implementation, and the best available evidence on its economic impacts. We argue that existing quasi-experimental estimates suggest that...

The need for statutory derivative action and its current problems -- An empirical study of the statutory derivative action in Australia -- Rethinking the "good faith" requirement in statutory derivative action -- The "best interests of the company" requirement in statutory derivative action --...