1. Industrialization and the frequency and nature of risk -- 2. The rise of a reforming interest and the Mines and Collieries Act of 1842 -- 3. Organized labour and the home office -- 4. Intervention in coal mining, 1850-1887 -- 5. The Kinnaird Commission and the regulation of metalliferous...

1. Introduction -- 2. Risk-based governance and analytical framework -- 3. Diffusion of the risk management model in the U.S. coal mining industry -- 4. Barriers to modeling the risk management approach in the American coal mining industry -- 5. Modeling risk-based system regulation in Australia...

This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...

Shareholder stewardship is a prominent topic in the field of corporate governance that has been high on the agenda of academics and policymakers for about a decade now. It is viewed by many as a necessary component to robust corporate governance and as a tool for long-term profitability....

Independent director requirements have spread throughout Asia, generating diverse definitions, enforcement patterns and cadres of directors (Part I). Yet the proliferation itself, and some of its features, provide some support for convergence in corporate governance, especially in function...

When it comes to the long-term well being of our society, it is difficult to overstate the importance of addressing poverty and economic inequality. In Capital in the Twenty-First Century, Thomas Piketty famously argued that growing economic inequality is inherent in capitalist systems because...

In her article, Shareholder Wealth Maximization as a Function of Statutes, Decisional Law, and Organic Documents, Professor Joan Heminway notes that efforts to guide the decision-making of corporate directors away from shareholder wealth maximization are suspect, whether by way of charter,...

Corporate governance mechanisms are traditionally seen as devices for reducing agency costs between shareholders and managers in the context of private ordering. More recently, however, the UK and other governments have embraced regulations in the field of corporate governance as tools through...

Offensive shareholder activism (more commonly known as hedge fund activism) can be understood as a corrective mechanism in the governance of a public company. The legitimacy of offensive shareholder activism as a corrective mechanism is based on numerous empirical studies that have found this...