Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives
There is a growing sense among academics and practitioners that common ownership—where two firms are at least partially owned by the same
There is a growing sense among academics and practitioners that common ownership—where two firms are at least partially owned by the same
Our paper, Non-Shareholder Voice in Bank Governance: Board Composition, Performance and Liability, takes as its general starting
Theory as well as empirical studies suggest that voting at annual general shareholder meetings (AGMs) creates value.
Guy Jubb, a Director of the ECGI, was appointed interim Chairman of the Board on August 30, 2018, succeeding David Devlin, who remai
There is evidence that some “corporate governance indices” predict higher firm values in emerging markets, but little evidence on which s
Institutional Investors are currently the dominant category of shareholders in stock markets and have attracted considerable attention by
Government regulation on disclosure differs considerably across countries. This gives rise to some interesting research questions.
Passive investors, such as Vanguard or Blackrock, that track an index and have no discretion over their investments own a growin
There is an extensive literature in finance, which documents that executive and non-executive directors have an informational advantage w
This article tells the story of our shareholder class action against Teva Pharmaceutical Industries as an illustration of the global race