Mon 13 July 2020

The inaugural seminar in the ECGI Spotlight Series took place on 13 July 2020. The series was introduced by the Chair of ECGI, Professor Lucrezia Reichlin and the Executive Director, Professor Marco Becht... 

Thu 15 October 2020

This event is co-sponsored by Stockholm School of Economics, the European Corporate Governance Institute (ECGI) and the European Corporate Governance Research Foundation (ECGRF). It brings together senior academics and thought-leaders in business to discuss a range of important topics. 

Featured papers

How are Bankers Paid?

Bank executive incentives and compensation have been in the spotlight since the 2007-2009 financial crisis. Some claim that there was a corporate governance failure in bankers’ compensation—the perverse risk-taking incentives spawned by the way bankers were compensated were at least partly to...

Benjamin Bennett
Radhakrishnan Gopalan
Anjan Thakor
18 February 2020

Do Short-Term Incentives Affect Long-Term Productivity?

Are US companies short-termist? Several recent papers identify actions that indicate short-termism, such as a reduction in long-term investment due to vesting equity and a reduction in R&D growth that allows firms to meet earnings forecasts. Hribar et al. (2006) and Almeida, Fos, and...

Heitor Almeida
Nuri Ersahin
Vyacheslav Fos
Rustom Irani
Mathias Kronlund
22 February 2020

Shareholder Stewardship in the Netherlands: The Role of Institutional Investors in a Stakeholder Oriented Jurisdiction

Nowadays, shareholder engagement is considered a key feature of corporate governance. We investigate institutional investors’ voice in the Netherlands, focusing on shareholder voting in particular. We built a new dataset of shareholder voting behaviour at general meetings of 29...

Christoph Van Der Elst
Anne Lafarre
19 February 2020

Low-carbon Mutual Funds

Climate change is one of the key economic challenges of our time. Economists and public policy scholars increasingly agree on the merits of carbon taxes and/or tradable permits to ensure adequate pricing of carbon emissions at the international level. However, given the current practical and...

Marco Ceccarelli
Stefano Ramelli
Alexander Wagner
19 March 2020

Working papers

Personal and Organizational Higher Purpose, Corporate Governance and Shareholder Value: Survey Results

This paper reports the findings of a recent survey of 1019 individuals to learn about their commitment to and perceived value from personal and organizational higher purpose, and examines the implications of the findings for corporate governance...Read more

Stuart Bunderson
Anjan Thakor
30 July 2020



Research Members

The research work that emanates from ECGI is undertaken by leading scholars around the globe. This important network of academics is at the very core of what ECGI does, drawing on the finest minds in academia from all over the world to tackle some of the most important issues that confront business and governments today.
Real name: 
Research Member
Pritzker Professor of Law and Business
Stanford Law School
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Research Member
David A. Rismiller Chair in Finance
Ohio State University
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Research Member
Associate Professor of Finance
Imperial College Business School

Patron Members

The ECGI Patron Members provide regular and long-term support for Academic Research through their contributions to the European Corporate Governance Research Foundation (ECGRF). Their philanthropic donations stimulate the production of research studies and other academic work of excellence in corporate governance.

Institutional Members

The Institutional Members of ECGI provide a vital connection between the academic world and the policy and practitioner aspects of corporate governance. These members recognise the importance of evidence-based research in developing their corporate governance policies and seek to continuously improve the standards of corporate governance.