Agency
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The Threat of Intervention
One of the fundamental issues in modern corporate finance is the problem of separation of firm ownership from control.
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Private Benefits and Corporate Investment and Financing Decisions: The Case of Corporate Philanthropy
What is the (opportunity) cost of private benefits of control?
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Directors: Older and Wiser, or Too Old to Govern?
The past two decades have witnessed dramatic changes to the boards of directors of U.S. public corporations.
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Universal Corporate Governance
Policymakers and investors around the world have been increasingly emphasizing the importance of effective corporate governance systems.
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