GCGC

Video

Prof. Robert M. Daines (Stanford Law School) presents his paper on "Can Staggered Boards Improve Value? Evidence from the Massachusetts Natural Experiment" at the 2016 GCGC Conference in Stockholm. Discussion of the paper is then presented by Prof. Renee Adams (UNSW Business School, University of New South Wales). 

20 September 2018

Prof. Pedro Matos (Associate Professor of Business Administration, University of Virginia) presents his paper on "Are Foreign Investors Locusts? The Long-Term Effects of Foreign Institutional Ownership" at the 2016 GCGC Conference in Stockholm. Discussion of the paper is then presented by Prof. Giovanna Nicodano (Professor of Financial Economics, Università di Torino).

20 September 2018

Prof. Steven Kaplan (University of Chicago Booth School of Business) presents his paper on "Are CEOs Different? Characteristics of Top Managers" at the 2016 GCGC Conference in Stockholm. Discussion of the paper is then presented by Prof. Dan Puchniak (National University of Singapore). The full paper and slides from this presentation can be downloaded here: www.gcgc.global

20 September 2018

Presentation

This paper clarifies why corporate governance arrangements in public firms generally do not make use of judicial evaluations of boards’ and managers’ business decisions. In principle, information generated in litigation, particularly discovery, could usefully supplement public information (particulary stock prices) in the provision of performance incentives. In particular, the optimally adjusted combination of standard performance pay and litigation could impose less risk on boards and managers than standard performance pay alone.

September 20 2018

Most listed firms are freestanding in the U.S, while listed firms in other countries often belong to business groups: lasting structures in which listed firms control other listed firms.

September 20 2018

Pages