Larcker, David F.; Tayan, Brian - 2016
-related problems in the past, including Massey Energy, Nabors Industries, Yahoo!, and Chesapeake Energy. We ask: How can shareholders … diagnose the issues facing a company to determine whether they are the result of bad corporate governance? How can shareholders … tell if the CEO or the board is the root cause of the problem? How can shareholders tell if the board is “captured” by the …