Call For Papers: GCGC 2021
Submissions are being invited for presentation at the 2021 GCGC Conference hosted by Yale University on 11 -12 June 2021...
31 August 2020
Event Report: SMEs, Families and Capital Markets
The ECGI - SSE Riga Conference on 'SMEs, Families and Capital Markets' took place (online) on 19 June 2020, bringing together policymakers, academics and practitioners to explore some of the key issues throughout a number of sessions...
12 August 2020
COVID-19 and Corporate Governance: Resources
ECGI is collecting scholarly resources on the topic of COVID-19 and corporate governance to help inform policy decisions and corporate responses to the crisis at hand...
7 April 2020
Codes
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Code of good governance of listed companies01 June 2020SpainCustom text: New
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Principles for Responsible Institutional Investors - Japan’s Stewardship Code24 March 2020JapanCustom text: New
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Italian Corporate Governance Code 202031 January 2020ItalyCustom text: New
Events
Thu 15 October 2020
This year's annual lecture will be delivered by Nobel Laureate Oliver Hart (Harvard University and ECGI). The event will take place online.
Fri 16 October 2020
> Sun 18 October 2020
ECGI and the Swedish House of Finance (SHoF) will host a conference on Sustainable Finance on October 16-17, 2020...
Fri 23 October 2020
ECGI and the Millstein Center for Global Markets and Corporate Ownership invite you to participate in a conference on Rethinking Stewardship...
Wed 28 October 2020
> Fri 30 October 2020
This online conference will bring together leading scholars, including Nobel Laureate Bengt Holmström (MIT and ECGI), from the fields of strategy, organisational theory, organisational economics, finance and corporate law...
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Featured ECGI Member
FirstGroup plc
Silvana Glibota-Vigo joined FirstGroup as Deputy Company Secretary in January 2017. She qualified as a lawyer in Argentina and Spain. She has an interest in international relations and is a fellow of ICSA: the governance institute. She’s been working in corporate governance since 2004 and for UK premium listed companies, including British Land, Royal Mail, Prudential and Man Group, since 2006.
Featured papers
ESG Rating Disagreement and Stock Returns
A variety of professional data vendors nowadays provide firm-level Environmental, Social, and Governance (ESG) ratings (or scores). These ratings increasingly shape investment decisions of institutional investors. Since these ESG ratings are often based on non-standardized information and data...
Disclosure Regulation and Corporate Acquisitions
While disclosure regulation is often viewed as critical in promoting capital formation and the well-functioning of capital markets, tightening disclosure rules could have important tradeoffs. These tradeoffs are especially pronounced and yet barely studied in the case of the takeover market. The...
Signaling Safety
In this paper we revisit a classic idea in finance and economics, namely the hypothesis that dividend changes convey information about firms’ future prospects. Contrary to prior literature we find strong support for the dividend signaling hypothesis, provided we properly define “firms’ future...
Working papers
Corporate Social Responsibility and Sustainable Finance: A Review of the Literature
Corporate Social Responsibility (CSR) refers to the incorporation of Environmental, Social, and Governance (ESG) considerations into corporate management, financial decision making, and investors’ portfolio decisions. Socially responsible firms...Read more
Implementation of the SRD II Provisions on Related Party Transactions
In 2017 the European Union adopted amendments to the Shareholder Rights Directive enacted a decade earlier. Among the changes was a new Article 9c dealing with the topic of related party transactions (RPT). This paper analyses how that new...Read more
Institutional Investors and Corporate Governance
We provide a comprehensive overview of the role of institutional investors in corporate governance with three main components. First, we provide a detailed characterization of key aspects of the legal and regulatory setting within which ...Read more
Regulatory Measures to Dismantle Pyramidal Business Groups: Evidence from the United States, Japan, Korea and Israel
Large business enterprises, from the railroad barons of nineteenth century America to Amazon and Google today, are often perceived as important for economic performance and, at the same time, as potential abusers of their political and economic...Read more
News
Lucrezia Reichlin appointed as Chair of ECGI
Lucrezia Reichlin appointed as Chair of ECGI
The ECGI Board of Directors is delighted to announce the appointment of Professor Lucrezia Reichlin as the new Chair of ECGI to succeed Guy Jubb,...Read more
ECGI Announces Prizes for Papers on ‘Nationalism’ and ‘Activism’
ECGI Announces Prizes for Papers on ‘Nationalism’ and ‘Activism’
The European Corporate Governance Institute (ECGI) is delighted to announce the winners of the best papers in the Working Paper Finance and Law...Read more
Event Report: Global Webinar on the COVID-19 Crisis and its Aftermath
Event Report: Global Webinar on the COVID-19 Crisis and its Aftermath
A summary report from the 24-hour Global Webinar organised by ECGI and the Global Corporate Governance Colloquia (...Read more
Event Report: SMEs, Families and Capital Markets
Event Report: SMEs, Families and Capital Markets
The ECGI - SSE Riga Conference on 'SMEs, Families and Capital Markets' took place (online) on 19 June 2020, bringing together policymakers,...Read more
Codes
Chairman of Authority’s Board of Directors’ Decision no. (3/Chairman) of 2020 concerning Approval of Joint Stock Companies Governance Guide
Chairman of Authority’s Board of Directors’ Decision no. (3/Chairman) of 2020 concerning Approval of Joint Stock Companies Governance Guide
United Arab Emirates
Code of good governance of listed companies
Code of good governance of listed companies
Spain
Codigo de Gobierno Societario (2019)
Codigo de Gobierno Societario (2019)
Argentina
Principles for Responsible Institutional Investors - Japan’s Stewardship Code
Principles for Responsible Institutional Investors - Japan’s Stewardship Code
Japan
Videos
The second episode of the ECGI Spotlight Series took place on 14 September 2020. The episode was introduced by the Editor of the ECGI Law Working Paper Series, Prof. Amir Licht and Mr. Tom Vos from the ECGI Spotlight Series team. Prof. Edward Rock (NYU Law) presented his paper "For Whom is the Corporation Managed in 2020?: The Debate over Corporate Purpose".
17 September 2020
The inaugural seminar in the ECGI Spotlight Series took place on 13 July 2020. Prof. Vyacheslav Fos (Boston College) presented his paper "Active Short Selling by Hedge Funds". It was discussed by Mr. Stephen Fraidin (Cadwalader, Wickersham & Taft LLP).
22 July 2020
SMEs, Families and Capital Markets Conference (Riga): Session 4...
15 July 2020
Speaker- Janis Berzins (BI Norwegian Business School) and Discussants- Benjamin Maury (Hanken School of Economics) and Dainis Vodolagins (Head of T
15 July 2020
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.
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Research Member
Professor of Finance
University of Lausanne, Swiss Finance Institute
Real name:
Research Member
Hanna Chair in Entrepreneurship & Associate Professor of Finance
Purdue University - Krannert School of Management
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.
