Corporate Governance
-
Investor Opportunities and Corporate Risks: China’s Emerging ESG Framework
•
When examining official Chinese state policy regulations, one would not expect to see text in English, yet the Latin letters “E,” “S,” and “G,” stand out in pages full of Mandarin text in the “Plan to Improve the Quality of State-Owned Listed Companies.” The plan is representative of the larger…
-
No Gains From Good Governance?: Why Foreign Companies Opt Out of Strict Regulatory Practices
•
Foreign companies that cross-list on US stock exchanges can make substantial financial gains from adopting US corporate governance practices yet firms overwhelmingly choose to opt out, suggesting substantial private opportunity costs from stricter regulations.
-
The Financial Industry: Too Important to Leave to Bankers
•
Improved disclosure of financial information and compensation schemes that tie executive pay to credit quality could help avoid another financial collapse.