Hedge funds have become active in corporate governance. They push for changes in strategy and the adoption of specific business plans. Their...Read more
We study investor activism promoting environmental, social and governance (ESG) improvements by means of a proprietary dataset covering 660...Read more
This paper focuses on recent trends in shareholder participation in corporate governance in a number of major developed countries. Conflicting...Read more
A major friction in capital markets are information asymmetries, which can lead to mispricing of shares. Such mispricing is of particular concern...Read more
Corporate stewardship holds great promise for the improvement of shareholder engagement and the encouragement of more responsible and long-term...Read more
When corporate law scholars explore shareholder litigation abroad, they often start by looking for types of shareholder litigation familiar from...Read more
Proxy reforms shifting more power to shareholders can mitigate managerial agency problems but also empowers “special interest” activists. Labor...Read more
Modern corporate governance is highly fragmented. It has been described as “a braided framework” that encompasses an array of techniques to...Read more
The board of directors is a particularly powerful governance mechanism for monitoring firm performance in the U.S. However, director monitoring...Read more
The UK’s adoption of a stewardship code sparked a global shareholder stewardship movement. Singapore, as a corporate governance leader in Asia,...Read more
Blockchain is currently still largely focused on speculation with virtual currencies like bitcoins. However, it can also offer smart solutions for...Read more