Short-termism

Working Paper

17 November 2020

The European Commission's Sustainable Corporate Governance Report: A Critique

In July 2020, the European Commission published the “Study on directors’ duties and sustainable corporate governance” by EY. The Report purports to find evidence of debilitating short-termism in EU corporate governance and...

Mark Roe | Holger Spamann | Jesse Fried | Charles Wang
14 January 2019

The Neglected Role of Justification under Uncertainty in Corporate Governance and Finance

The big corporate governance debates nowadays concern the corporation’s time horizons, and the balance of power between shareholders and managers. In response to actual and anticipated pressure from shareholder activists –...

Claire A. Hill | Alessio Pacces

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