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6 Cards in this Set

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  • Back
What is the American view of corporate governance?
Corporate governance is the protection of rights and interests.
What is the continental European view of corporate governance?
Corporate governance is about the rights of the community in relation to the firm. (corp social responsibility)
Is it the US or continental Europe that has more dispersed share ownership?
US has more dispersed share ownership
Are managers or large shareholders more in control in US companies?
Managers as shareholders are dispersed through large investment pools like mutual funds.
What is the Principal-Agent Problem?
How can a principal ensure its agents will act in its interests?
Who are the 3 major players in corporate governance?
1) shareholders
2) boards
3) top management