ECGI Appoints Five New Fellows

ECGI is proud to announce the appointment of five new Fellows to add to its distinguished ranks. The new Fellows, who were drawn from academia in Europe, North America and Australia, were elected by their peers, the existing Fellows of ECGI...
8 November 2017

Events

Fri 01 June 2018 > Sat 02 June 2018

The fourth annual GCGC conference will take place at Harvard University on 1 -2 June 2018. We are no longer accepting submissions for this conference. Attendance is by invitation only.

Featured papers

The relationship between public listing, context, multi-nationality and internal CSR

Are MNEs more socially responsible, and where is this more likely to occur? Are rms less responsible in emerging or transitional economies, and what impact does the dominant national corporate governance regime have?

Author:
Chris Brewster
Salim Chahine
Marc Goergen
Geoffrey Wood
10 December 2017

International Evidence on Firm Level Decisions in Response to the Crisis: Shareholders vs. Other Stakeholders

The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and across countries. We study firm-level decisions in France, Germany, Japan, the UK, and the US.

Author:
Franklin Allen
Elena Carletti
Yaniv Grinstein
22 January 2018

Working papers

"Since You're So Rich, You Must Be Really Smart": Talent and the Finance Wage Premium

Wages in the financial sector have experienced an extraordinary increase over the last few decades. A proposed explanation for this trend has been that the demand for skill has risen more in finance compared to other sectors. We use Swedish...Read more

Michael Böhm
Per Strömberg
20 February 2018

The Effect of Minority Veto Rights on Controller Tunneling

A central challenge in the regulation of controlled firms is curbing controller tunneling. As independent directors and fiduciary duties are widely seen as not up to the task, a number of jurisdictions have given minority shareholders veto rights...Read more

Jesse Fried
Ehud Kamar
Yishay Yafeh
19 February 2018

The Market for Non-Executive Directors: Does Acquisition Performance Influence Future Board Seats?

This paper investigates whether non-executive directors associated with good (bad) board decisions are subsequently rewarded (penalized) in the market for directors. This question is addressed by assessing whether the post-acquisition performance...Read more

Marc Goergen
13 February 2018

The impact of mandatory governance changes on financial risk management

This paper uses the staggered adoption of the Sarbanes-Oxley Act of 2002 for a difference-in-difference identification of the impact of corporate governance on hedging. In a large panel of listed US firms, we focus on two indexes of the legally...Read more

Ulrich Hege
Elaine Hutson
Elaine Laing
12 February 2018

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Research Members

The research work that emanates from ECGI is undertaken by leading scholars around the globe. This important network of academics is at the very core of what ECGI does, drawing on the finest minds in academia from all over the world to tackle some of the most important issues that confront business and governments today.
Real name: 
Research Member
Professor of Law and Director, Centre for Business Research
University of Cambridge
Real name: 
Research Member
Robert L. Dickens Professor of Finance
Fuqua School of Business, Duke University

Patron Members

The ECGI Patron Members provide regular and long-term support for Academic Research through their contributions to the European Corporate Governance Research Foundation (ECGRF). Their philanthropic donations stimulate the production of research studies and other academic work of excellence in corporate governance.

Institutional Members

The Institutional Members of ECGI provide a vital connection between the academic world and the policy and practitioner aspects of corporate governance. These members recognise the importance of evidence-based research in developing their corporate governance policies and seek to continuously improve the standards of corporate governance.