Finance Series The State of U.S. Corporate Governance: What's Right and What's Wrong? Working Paper Author/Authors Bengt Holmström MIT Steven Kaplan University of Chicago Graduate School of Business Series number: 023/2003 Date published: 01 Sep 2003 Quick links Access Paper on SSRN Categories Boards Shareholder Value Keywords U.S. corporate governance system, shareholder value, executive compensation, boards, Sarbanes-Oxley act, comparative corporate governance