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A Decade of Corporate Governance in Brazil: 2010-2019

Harvard Corporate Governance

Chabraja Professor of Finance at Northwestern University Kellogg School of Management, and Antonio Gledson de Carvalho is Assistant Professor at Fundação Getúlio Vargas School of Business at Sao Paulo. This post is based on his recent article forthcoming in the Brazilian Review of Finance. Bebchuk, Alma Cohen, and Charles C.Y.

Finance 152
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The Corporate Investment Benefits of Mutual Fund Dual Holdings

Harvard Corporate Governance

By 2019, these funds represented over 25% of the U.S. This post is based on their working paper. Bebchuk and Scott Hirst; and The Limits of Portfolio Primacy (discussed on the Forum here ) by Roberto Tallarita. In the last decade, investment in corporate bonds has seen a surge through bond mutual funds.

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Islamic Finance: How Does It Make Money Without Interest?

Global Finance

The second installment of a Global Finance FAQ web series on Islamic finance. Many of the products offered by Islamic financial institutions are comparable to Western or conventional finance even though interest and speculation are forbidden. Islamic Finance FAQ: •What Is Islamic Finance And How Does It Work? •Is

Finance 96
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Will Corporations Deliver Value to All Stakeholders?

Harvard Corporate Governance

public companies that joined the original BRT Statement in August 2019 (the “BRT Companies”). Bebchuk, Kobi Kastiel, and Roberto Tallarita (discussed on the Forum here ); and The Perils and Questionable Promise of ESG-Based Compensation by Lucian A. Bebchuk and Roberto Tallarita (discussed on the Forum here ).

Finance 261
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Do Equity Markets Care About Income Inequality? Evidence from Pay Ratio Disclosure

Harvard Corporate Governance

Posted by Stephan Siegel (University of Washington), on Wednesday, June 15, 2022 Editor's Note: Stephan Siegel is Professor of Finance and Business Economics at the University of Washington. Stagnant middle-class wages but rapidly-increasing incomes by high earners have led to a growing debate about income inequality in the U.S.

Equity 228
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SEC Increases the Unpredictability of the Shareholder Proposal No-Action Process

Harvard Corporate Governance

With Staff Legal Bulletin 14L, the SEC Division of Corporation Finance Staff realigned its approach for determining whether a proposal relates to “ordinary business” with a previous standard providing an exception for certain proposals raising significant social policy issues. more…).

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New OECD Research on Sustainable Bonds

Harvard Corporate Governance

Use of proceeds bonds” are bonds whose proceeds should be used to either partially or fully finance new or re-finance concluded eligible green, social or sustainable projects. Sustainable bonds can be classified into two major categories. trillion and USD 2.0 more…)