A Survey of Corporate Governance - Shleifer - 1997 - The Journal of Finance - Wiley Online
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We review accounting and finance research on corporate governance (CG). In the course of
our review, we focus on a particularly vexing issue, namely endogeneity in the relationships …

This article is intended to enhance the position of stakeholder theory as an integrating theme
for the business and society field. It offers an instrumental theory of stakeholder …

This paper examines the use of seven mechanisms to control agency problems between
managers and shareholders. These mechanisms are: shareholdings of insiders, institutions …

Frank Easterbrook and Daniel Fischel argue that the rules and practices of corporate law
mimic the contractual provisions that investors, managers, and others involved in a …

This study examines the role of a chief executive officer's hubris, or exaggerated self-
confidence, in explaining the large size of some premiums paid for acquisitions. In a sample …

The effects of institutional investor types and governance devices on two dimensions of
corporate social performance (CSP) were examined. Pension fund equity was positively …

Abstract Theory suggests that shareholders who own blocks of stock have a stronger
incentive to invest in voting on corporate issues than nonblockholders. Our evidence …

We study shareholder proposals across a period of substantial activity and find systematic
differences both across sponsor identity and across time. To measure the success of …

Internal, organizationally based mechanisms of corporate control and external, market-
based control mechanisms can be employed to help align the diverse interests of managers …