September 22, 2009
Life is full of strange coincidences. As the mobile phone rang on Sunday morning with a question from a journalist about Tony Ball turning down a proposed £20 million package to take the hot seat at ITV, I happened to be reading a review of Rakesh Khurana’s 2002 book “The Irrational Quest for
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July 23, 2009
Any choral singer will be familiar with the concept: a choir singing an acapella section will often naturally go ‘flat and lose pitch’, only to have to painfully re-adjust pitch when the orchestra joins in. Conversely, if the orchestra were to be playing in the wrong key (as a violinist and singer, a cruel
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May 28, 2009
The quest for a single set of global governance standards is misguided and investors should stop using global governance standards based on US policy approaches. That’s the conclusion of Lucian Bebchuk and Assaf Hamdani in their latest paper: “The Elusive Quest for Global Governance Standards”.
The key issue at the heart of what many will
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March 31, 2009
Two notable shareholder resolutions on both sides of the Atlantic have put the role of UK investors in pressing for change at quoted companies firmly in the spotlight.
Texas Instruments (TI) has come under close scrutiny from RailPEN, the investment arm of the UK’s Railways Pension Fund and one of
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February 26, 2009
Nick Hassel in
The Times commented earlier this month: “The stock market has been declared dead many times before. We heard this in 1979, in 2003, and are hearing it now in 2009. The consolation is that, on those two previous occasions, the desire to obituarise was just another sign that
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October 1, 2007
Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
Hedge fund investor activism and takeovers
Robin Greenwood and Michael Schor, Harvard University
Hedge fund activism has limited scope to bring about far-reaching effects on corporate governance, this paper has found. The authors examined long-term
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September 1, 2007
Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
August 1, 2007
Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
Do IFRS/UK-GAAP reconciliations convey new information?
Edward Lee and Martin Walker, University of Manchester – Division of Accounting & Finance; and Hans Christensen, Manchester Business School.
IFRS reconciliations issued by UK companies
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July 1, 2007
Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
The Special Interest Race to CEO Primacy and the End of Corporate Governance Law
Steven Ramirez, professor of law, Loyola University of Chicago School of Law
This paper argues that recent fears US corporate governance has
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May 1, 2007
Manifest-I presents a summary of recently released academic papers on international corporate governance and corporate social responsibility issues.
Law and the Market: The Impact of Enforcement
John Coffee, Columbia Law School. Columbia Law and Economics Working Paper No. 304.
The US is unique in both its expenditure on securities regulation enforcement and the
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