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