ECGI News
The ECGI news section is focused on news about ECGI, events, projects, publications and ECGI members. It is not intended as a news site to share media stories about corporate governance. Queries about news stories can be directed to admin@ecgi.org
Latest News
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Companies Should Maximize Shareholder Welfare Not Market Value
What is the appropriate objective function for a firm?
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Market Soundings: The Interaction between Securities Regulation and Company Law in the United Kingdom and Italy
Before deciding on operations involving share issuance or sale, companies or shareholders may seek to disclose information to selected in
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Anti-Activist Poison Pills
Hedge funds have become active in corporate governance. They push for changes in strategy and the adoption of specific business plans.
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What Makes the Bonding Stick? A Natural Experiment Testing the Legal Bonding Hypothesis
Securities fraud class actions are a key feature of the US regime of corporate governance.
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Connected Firms and Investor Myopia
Conglomerates, multinational corporations and business groups are non-exclusive forms of complex firms.
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The Dialogue between the Chairman of the Board and Investors: The Practice in the UK, the Netherlands and Germany and the Future of the German Corporate Governance Code Under the New Chairman
The dialogue of the board and its chairman with investors is an established practice in many countries, such as the United Kingdom, the U
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Prospectus Liability and the Role of Gatekeepers as Informational Intermediaries: An Empirical Analysis of the Impact of the Statutory Provisions on Italian IPOs
This Article analyzes market reaction to the introduction into Italian legislation of a statutory system of (IPO) prospectus civil liabil
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Standing Voting Instructions: Empowering the Excluded Retail Investor
Despite the increasing importance of shareholder voting, regulators have paid little attention to the rights of retail investors who own