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It Pays For Companies To Leave Russia

Harvard Corporate Governance

Bebchuk and Roberto Tallarita (discussed on the Forum here ); For Whom Corporate Leaders Bargain (discussed on the Forum here ); Stakeholder Capitalism in the Time of COVID (discussed on the Forum here ); and Does Enlightened Shareholder Value Add Value? discussed on the Forum here ), all by Lucian A. more…).

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360
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Disloyal Managers and Shareholders’ Wealth

Harvard Corporate Governance

Fich (Drexel University), Jarrad Harford (University of Washington), and Anh L. At larger firms, where contracting flexibility to raise capital is not an issue, the impact is uncertain because the net effect of agency conflicts weighed against the benefits of the waiver is an empirical question.

Finance 243
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Index Providers: Whales Behind the Scenes of ETFs

Harvard Corporate Governance

According to the 2021 Investment Company Institute Fact Book, total assets under management (AUM) in ETFs increased from $992 billion in 2010 to $5.4 This post is based on their recent paper , forthcoming in the Journal of Financial Economics. Introduction Exchange-traded funds (ETFs) have experienced remarkable growth in recent years.

Finance 188
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Governance Recommendations for the United States

Harvard Corporate Governance

at the ICGN Conference, hosted by the International Finance Corporation, in Washington, D.C., Established in 1995, ICGN advances the highest standards of corporate governance and investor stewardship, contributing to successful companies and long-term value creation. from 7-8 March 2024. more…)

Finance 133
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Socially Responsible Divestment

Harvard Corporate Governance

Bebchuk and Roberto Tallarita (discussed on the Forum here ); Companies Should Maximize Shareholder Welfare Not Market Value by Oliver Hart and Luigi Zingales (discussed on the Forum here ); Reconciling Fiduciary Duty and Social Conscience: The Law and Economics of ESG Investing by a Trustee by Max M.

Finance 244
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The Proposed SEC Climate Disclosure Rule: A Comment from Twenty-Two Professors of Law and Finance

Harvard Corporate Governance

Cunningham (George Washington University), on Wednesday, July 6, 2022 Editor's Note: Lawrence A. George Tucker III Research Professor at George Washington University Law School. Karpoff (Washington), F. Posted by Lawrence A. Cunningham is the Henry St. Strine, Jr. Roe (discussed on the Forum here ). Cunningham (GW), David J.

Finance 189
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The New Paradigm: A Toolkit For Balancing Conflicting Stakeholder Interests and Protecting Long-Term Business Value

Harvard Corporate Governance

Companies today face pressure from stakeholders (including non-shareholder politicians and activists) to take positions on myriad issues. Companies today face pressure from stakeholders (including non-shareholder politicians and activists) to take positions on myriad issues. Strine, Jr.

Equity 230