The Costs and Benefits of Performance Fees in Mutual Funds
In this paper we study mutual funds offered for sale in Europe that charge so-called performance fees. These are fees charged on to
In this paper we study mutual funds offered for sale in Europe that charge so-called performance fees. These are fees charged on to
Corporate Governance as the Enabler of Sustainable Growth
A big corporate governance debate today is on the so-called short-termism of publicly held companies.
At a time when dual class share structures have come under regular attack by investors, the concept of loyalty shares, popularised in Fra
Accounting scandals have sprung up everywhere over the last two years: the U.S., Europe, South Africa -- and, most of all, the U.K.
Data standardization – the process of developing and implementing rules for how data are described and recorded – offers significant bene
For decades, the public company has played a dominant role in the American economy.
Shareholder voting has become one of the main avenues through which shareholders participate in corporate governance, and it is frequentl
The intense and sustained presence of hedge fund activists in many industries and markets makes it likely that activism produces effects
In the absence of agency conflict and market frictions, it is beneficial to allow greater freedom to firms in their choice of corporate f
This Essay entertains the idea that Delaware’s corporate law is set on a trajectory that would eventually lead to reforming its