Philip Leslie and Paul Oyer at Stanford GSBhave concluded in this working paper what I think most investment bankers sort of already knew. But it is certainly useful to confirm.
Category: Management
“The Twilight of the Berle and Means Corporation”
Professor, Gerald F. Davis Stephen M. Ross School of Business at the University of Michigan, has written a fascinating paper with the above title, available athttp://bit.ly/lQSiit.
Abstract
Q&A with Governance Expert Bob Monks (Part 2, on Pay Disparity and Inequity of Risk-Shifting in Pension Plans)
The following interview appeared as part of GovernanceMetrics International’sFounders’ Forum. GMI is the leading independent provider of global corporate governance and ESG ratings and research. Corporate stakeholders – including leading investors, insurers, auditors, regulators and others – use GovernanceMetrics services to identify and monitor risks related to non-financial measures covering key environmental, social, governance and […]
Q&A with Governance Expert Bob Monks (Part 1, on Social Costs and ESG Research)
(The following interview appeared as part of GovernanceMetrics International’sFounders’ Forum. GMI is the leading independent provider of global corporate governance and ESG ratings and research. Corporate stakeholders – including leading investors, insurers, auditors, regulators and others – use GovernanceMetrics services to identify and monitor risks related to non-financial measures covering key environmental, social, governance and […]
Video: Stanford’s Joe Grundfest on Diversity on Corporate Boards
Video of Joe Grundfest shedding light on the issuessurrounding diversity on corporate boards, making the point that: The argument and agenda for diversity isbigger and stronger than the argument that is based simply on the statistical data, and that not everything shows up in the stock price.
http://rockcenter.stanford.edu/2010/07/23/joe-grundfest-on-diversity-on-corporate-boards/
Bob Monks “The Appearance off Reality: Globalization & the Corporation”
Corporate governance expert Bob Monks has been publishing a series ofessaysreflecting his usual wisdom and thought-provoking analysis,entitled The Appearance of Reality. The piece reproduced below, on globalization and the corporation seems particularly relevant to Japan given the issues it is now facing.
Corporate Governance Pioneer Bob Monks’ “Aha” Moment
Long-time corporate governance pioneer and famous authorBob Monks' Aha moment came decades ago, in an experience that he describes in this video:
http://www.ragm.com/blog/Corporate-Governance-Aha-Moment
Listening to Bob, onecannot help but wonder whether the recent crisis in Fukushima will be a similar moment for many Japanese citizens.
TSE Issues its “White Paper on Corporate Governance 2011”
Recently the Tokyo Stock Exchangereleased itsTSE Listed Companies White Paper on Corporate Governance 2011. Itis available for downloading at the TSE website at this link: http://bit.ly/k0Smkj.
Colonial First State Global Asset Management’s Ｔhird Responsible Investment Report
Colonial First State Global Asset Management's third Responsible Investment Report 2009, based on its responses to the United Nations Principles for Responsible Investment (PRI) Reporting & Assessment survey submitted in mid-2010:
TEPCO’s Proxy Statement
We have uploaded TEPCO's proxy statement to the Japanese Data Library. Please see BDTI's Japanese Discussion Forum entry if you are interested to view and download it.