We survey institutional investors to better understand their role in the corporate governance
of firms. Consistent with a number of theories, we document widespread behind‐the‐scenes …

Using new data for the universe of firms covered in Amadeus, we reconstruct the portfolios of
shareholders who hold equity stakes in private-and publicly traded European firms. We find …

In this article, we examine the state of the art in comparative and international corporate
governance by identifying the key research questions, main concepts, and paradigms of …

Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they
are still unable to tell us what capital is. Liberals and Marxists both think of capital as an …

This paper argues that the role of informal institutions as well as formal ones is central to
understanding the functioning of corporate governance. We focus on the four largest …

There is a growing concern emerged with a great profile regarding the Islamic principles of
corporate governance. A major ethical component of any economic activity in Islam is to …

Comprehensive and up-to-date, this important textbook analyzes the escalating crisis in
corporate governance and the growing interest in its reform across the globe. Written by a …

We study corporate control tracing controlling shareholders for thousands of listed firms from
127 countries over 2004 to 2012. Government and family control is pervasive in civil‐law …

Although scholars contend that family and corporate heritage can be strategically deployed
to gain a competitive advantage, few studies have examined the specific ways in which …

Modern civilization revolves around money. However, money is a paradox. It is nothing more
than a representation of and medium for decentralized networks of social trust, but its …