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managers have relatively few economic incentives to invest effort on corporate governance and so they tend to organize around …, but both investment managers and proxy firms bear few of the costs of poor governance and operate under incentives to keep … (including mistakes in what produces good corporate governance and frequent errors in voting recommendations) along with problems …
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existing in US corporations. Likewise, the development of capital markets, the improvement of corporate governance practices …
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still remain unaddressed. The economic and governance structure set in place by the existing regulatory regime and the … on insights from the corporate governance and finance literature, this Article proposes reforms to address the unique … agency costs that clearinghouses face, to enhance their governance and resilience, and to ensure their role as private …
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The author of this article served as a member of a citizen board for five years prior to writing this article. A citizen board is comprised of nine part-time, unspecialized citizen members, and is the decision-making body for one of the most powerful administrative agencies in the state, the...
Persistent link: https://www.econbiz.de/10014189646
analysing how firm profitability and industry regulation affect board tasks performance. We rely upon survey and archival data …
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As the global financial crisis has shown, regulatory agencies can at times spectacularly fail to fulfil their regulatory mandates. Yet, the conditions under which governments respond to regulatory failures by terminating and replacing their regulatory agencies have so far remained largely...
Persistent link: https://www.econbiz.de/10014169982