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来源类型Working Paper
规范类型报告
DOI10.3386/w9371
来源IDWorking Paper 9371
Corporate Governance and Control
Patrick Bolton; Marco Becht; Alisa Röell
发表日期2002-12-09
出版年2002
语种英语
摘要Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of corporate control, discuss the main legal and regulatory institutions in different countries, and examine the comparative corporate governance literature. A fundamental dilemma of corporate governance emerges from this overview: regulation of large shareholder intervention may provide better protection to small shareholders; but such regulations may increase managerial discretion and scope for abuse.
主题Financial Economics ; Corporate Finance
URLhttps://www.nber.org/papers/w9371
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566990
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GB/T 7714
Patrick Bolton,Marco Becht,Alisa Röell. Corporate Governance and Control. 2002.
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