Agency

News

Shareholder Conflicts and Dividends

Controlling shareholders may feel tempted to capture benefits for themselves at other shareholders’ expense. For instance, the majority...Read more

Janis Berzins
Øyvind Bøhren
Bogdan Stacescu
06 October 2017

The Threat of Intervention

One of the fundamental issues in modern corporate finance is the problem of separation of firm ownership from control. The gap between management...Read more

Vyacheslav Fos
Charles Kahn
27 May 2019

Video

Prof. Colin Mayer (Said Business School, University of Oxford) presents his paper on "Evolution of ownership: Its impact on corporate governance" at the "Corporate Governance And Ownership With Diverse Shareholders" conference at IESE Business School, Barcelona. Discussion of the paper is then presented by Prof. Charlotte Ostergaard (BI Norwegian Business School). The full paper and slides from this presentation can be downloaded here: ecgi.global/content/corporate-governance-and-ownership-diverse-shareholders#!event-programme

17 January 2020

Prof. John Coffee (Columbia Law School) presents his paper on "Activist Directors and Agency Costs: What happens When an Activist Director Goes on the Board?" at the "Corporate Governance And Ownership With Diverse Shareholders" conference at IESE Business School, Barcelona. The full paper and slides from this presentation can be downloaded here: ecgi.global/content/corporate-governance-and-ownership-diverse-shareholders#!event-programme

17 January 2020

Zacharias Sautner (Frankfurt School of Finance & Management) who spoke at the "New Research on Executive Compensation and on Sustainability" conference that took place on the 16-17/12/19 at Bar-Ilan University. The full paper and slides from this presentation can be downloaded here: https://ecgi.global/content/new-research-executive-compensation-and-sust...

23 January 2020

Prof. Marco Becht (Solvay Brussels School for Economics and Management, Université libre de Bruxelles) discussing Prof. John Coffee's paper on "Activist Directors and Agency Costs: What happens When an Activist Director Goes on the Board?" at the "Corporate Governance And Ownership With Diverse Shareholders" conference at IESE Business School, Barcelona. The full paper and slides from the presentation and discussion can be downloaded here: https://ecgi.global/content/corporate-governance-and-ownership-diverse-s...

17 January 2020

Presentation

An extensive literature has debated the accountability of administrative agencies, and in particular, their relationship to Congress. A well-established strand in the literature emphasizes that Congress retains control over agencies by their design, and in particular, the structure and process by which agency decisionmaking is undertaken.

February 17 2020

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