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The Limits of Individual Prosecutions in Deterring Corporate Fraud

Harvard Corporate Governance

One must search long and hard to find an academic, journalist, politician, or citizen who does not believe that the best tool for deterring corporate crime is criminal prosecution of individual employees, especially managers.

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The 2023 OECD Corporate Governance Factbook

Harvard Corporate Governance

A new edition of the OECD Corporate Governance Factbook is now available online. This post is based on their OECD memorandum. Each chapter offers a narrative overview, which helps to provide a general picture of the main tendencies and variations in approaches taken by different jurisdictions.

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The Neoclassical View of Corporate Fiduciary Duty Law

Harvard Corporate Governance

There’s an old and venerable way of talking about corporate fiduciary duties that maintains that they are owed to the corporate entity itself. In other words, what does it actually mean to owe duties to the corporate entity? This post is based on his article forthcoming in the University of Chicago Law Review. more…)

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Taxation and Corporate Governance

Harvard Corporate Governance

corporate tax? The main contribution of this article is introducing the corporate governance effects of the corporate tax to this arena. The article claims that taking into account the corporate governance effects of the corporate tax increases the allure of each one of the potential justifications for the corporate tax.

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Statement of Cash Flows vs. Cash Flow Statement

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

Join Wayne Spivak, experienced CFO and corporate finance expert, for an insightful discussion on managing cash flow and company profitability. Attendees will walk away with an in-depth understanding of the following: What is accounting?

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“ES” Versus “G” in Corporate Governance: You Can’t Have It All

Harvard Corporate Governance

The environmental, social, and governance (ESG) moniker implies a coherence between corporate social responsibility and corporate governance. In a paper recently posted to SSRN , I argue, to the contrary, that governance trade-offs must be made if corporations are going to be able to pursue social benefits other than just profits.

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The Corporate Investment Benefits of Mutual Fund Dual Holdings

Harvard Corporate Governance

Related research from the Program on Corporate Governance includes Index Funds and the Future of Corporate Governance: Theory, Evidence and Policy (discussed on the Forum here ), and The Specter of the Giant Three (discussed on the Forum here ) both by Lucian A. corporate bond market, holding approximately $1.5