This ECGI Roundtable will be hosted by Hermes Investment Management on 25 October 2018. The Roundtable will focus on the nature of governance interventions by institutional shareholders.
The Roundtable will focus on the impact of new technologies such as blockchain and AI on corporate governance.
This academic conference will focus on the theme of 'Differential Voting Shares'. Attendance is by invitation only.
The fifth annual GCGC conference will take place at Center for Financial Studies, Goethe University Frankfurt on 7 - 8 June 2019. The deadline for submissions is 14 September 2018. Attendance is by invitation only.
After 26 years in the insurance industry, and with extensive diverse international executive experience, Mrs. Gómez-Llorente has recently started a new phase of her career as Independent Non Executive Director.
In this new sphere, strong and effective corporate governance is a fundamental pillar. She is fluent in Spanish, English and French.
This article tells the story of our shareholder class action against Teva Pharmaceutical Industries as an illustration of the global race to laxity in the regulation of capital markets.
Teva, an Israeli company traded in Israel and the United States, is the largest generic drug maker in...
Payout policy is an important component of a firm’s ability to maintain financial flexibility. Given the market’s heavy penalization of reductions in the dividend payout level, financially constrained firms must find ways to retain cash when cash reserves are insufficient to cover future...
Takeovers and especially models predicting takeovers have been of interest to academics and practitioners. In essence, our paper studies how transparency affects takeover probability and stock returns over 25 years of takeover data. Economic intuition suggests that if higher firm-level...
Financial institutions increasingly rely on third parties to provide their core business processes and information technology. With the rapid growth and spread of outsourcing in the financial services market, the key question is how to establish a governance framework to limit agency problems...
Recent scholarship considers anticompetitive effects of common concentrated ownership. Empirical evidence reporting that common concentrated owners (“CCOs”) are associated with higher prices and lower output seems to confirm such effects, posing...Read more
The concept of ‘investor protection’ has a long-standing legal pedigree in relation to the business corporation. Since the early 20th century, when Berle and Means famously highlighted shareholder vulnerability in the modern public corporation,...Read more
The disclosure of inside information is a core component of EU capital market regulation. It underpins the market abuse regime, providing information to investors, and robbing it of its “inside” quality. Different regimes tackle the issue of...Read more
We examine the long-term effects of interventions by activist hedge funds. Prior papers document positive equal-weighted long-term returns and operating performance improvements following activist interventions, and typically conclude that...Read more
The ECGI Roundtable on Loyalty Shares took place on 18 June 2018 at the offices of Jones Day, Brussels, in collaboration with University of Oxford...Read more
International academics from the world’s leading universities arrived at Harvard this week to take part in the 2018 Global Corporate Governance...Read more
13 August 2018 – Brussels. The European Corporate Governance Institute (ECGI) is delighted to welcome fifteen new institutional members to its...Read more
The 2018 ECGI Annual Member meeting featured a Focus Panel on "...Read more
Watch the welcome video for the 2018 Global Corporate Governance Colloquium at Harvard Law School.
Panel discussion on "CSR and Impact Investing: Framing the Questions" at GCGC 2018 in Harvard.
