The handbook of the economics of corporate governance Volume 1
Gespeichert in:
| Weitere Verfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Amsterdam ; Oxford
North-Holland
[2017]
|
| Schriftenreihe: | Handbooks in economics
Handbooks in economics |
| Online-Zugang: | Inhaltsverzeichnis |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
MARC
| LEADER | 00000nam a2200000 cc4500 | ||
|---|---|---|---|
| 001 | BV044626874 | ||
| 003 | DE-604 | ||
| 005 | 20180425 | ||
| 007 | t| | ||
| 008 | 171115s2017 xx |||| |||| 00||| eng d | ||
| 020 | |a 9780444635303 |9 978-0-444-63530-3 | ||
| 035 | |a (OCoLC)1009036211 | ||
| 035 | |a (DE-599)BVBBV044626874 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-355 |a DE-703 |a DE-739 |a DE-473 |a DE-20 | ||
| 084 | |a QP 341 |0 (DE-625)141862: |2 rvk | ||
| 245 | 1 | 0 | |a The handbook of the economics of corporate governance |n Volume 1 |c edited by Benjamin E. Hermalin (Thomas & Alison Schneider Distinguished Professor of Finance and Professor of Economics, University of California, Berkeley), Michael S. Weisbach (Ralph W. Kurtz Chair in Finance, The Ohio State University) |
| 264 | 1 | |a Amsterdam ; Oxford |b North-Holland |c [2017] | |
| 300 | |a xi, 747 Seiten |b Diagramme | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a Handbooks in economics | |
| 490 | 0 | |a Handbooks in economics | |
| 700 | 1 | |a Hermalin, Benjamin E. |0 (DE-588)131774727 |4 edt | |
| 700 | 1 | |a Weisbach, Michael S. |d 1961- |0 (DE-588)129309125 |4 edt | |
| 773 | 0 | 8 | |w (DE-604)BV044626858 |g 1 |
| 856 | 4 | 2 | |m Digitalisierung UB Bamberg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030025009&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-030025009 | |
Datensatz im Suchindex
| DE-BY-UBR_katkey | 5951645 |
|---|---|
| _version_ | 1822696840501395456 |
| adam_text | CONTENTS
Contributors ix
Acknowledgments xi
1. Introduction: The Study of Corporate Governance 1
Benjamin E. Hermalin, Michael S, Weisbach
1. Theoretical Underpinnings 2
2. Legal and Market-Wide Factors 5
3. Governance Components 8
4. External Constituents 11
5. International and Intertemporal Issues 13
6. Some Additional Thoughts 14
References 14
2. Aspects of the Economics of Organization with Application to Corporate
Governance 17
Benjamin E. Hermalin
1. introduction 18
2. Agency Models 19
3. Reputation and Repeated Interaction 64
4. Next Steps 76
Appendix A. More on Solving Mechanism-Design Problems 77
Appendix B. Proofs Not Given in Text 81
References 88
3. Assessing Managerial Ability: Implications for Corporate Governance 93
Benjamin E. Hermalin, Michael S. Weisbach
1. Introduction 94
2. The Basics of Learning 98
3. Career Concerns 107
4. Signal Jamming: Project Choice and Managerial Myopia 118
5. Learning About Governance and Capital Markets 134
6. Further Implications for Governance 138
7. How Non-Bayesian Updating Affects Governance 154
8. Conclusion 162
Appendix A. Technical Details 164
References 172
v
177
178
181
191
200
210
224
230
232
235
235
241
249
281
282
291
292
295
305
332
335
344
349
353
357
357
368
383
385
387
427
463
478
484
491
500
vi Contents
4. Law and Corporate Governance
Robert Bartlett, Eric Talley
1. Introduction
2. The Formal Legal Nature of the Firm and the Mechanics of Corporate Governance
3. The Objective (or Maxlmand ) of the Corporation
4. The Corporate Governance Toolbox
5. Deeper Governance Implications of Private Versus Public Firms
6. Current Challenges for Corporate Governance
7. Conclusion
References
5. The Evidence on Mergers and Acquisitions: A Historical and Modern Report
J. Harold Mulherin, Jeffry M. Netter, Annette B. Poulsen
1. Introduction
2. Survey of the Surveys —Historical Evidence on Mergers and Acquisitions
3. Research on Mergers and Acquisitions Since 2011
4. Conclusion
References
6. Boards, and the Directors Who Sit on Them
Renée B. Adams
1. Introduction
2. Some Evidence on the Importance of Boards as a Research Topic
3. The Role of Boards In Corporate Governance — A Conceptual Framework and Survey
4. How Does the Board Work?
5. The State of the Published Literature—A Textual Analysis
6. Policy Makers and Boards
7. Directors
8. What Does it Take to Further Our Understanding of Boards?
9. Conclusion
Appendix A
References
7. Executive Compensation: A Survey of Theory and Evidence
Alex Edmans, Xavier Gabaix, Dirk Jenter
1. Introduction
2. The Stylized Facts
3. The Shareholder Value View
4. The Rent Extraction View
5. Institutional Influences
6. The Effects of Executive Compensation
7. Policy Implications
8. Directions for Future Research
Contents vii
9. Conclusion 505
Appendix A. Institutional Detail 506
References 522
8. Blockholders: A Survey of Theory and Evidence 541
Alex Edmans, Clifford G. Holderness
1. Introduction 542
2. The Property Rights of Public Corporations and Blockholders 544
3. What is a Blockholder? 548
4. The Anatomy of Large Block Ownership in the United States 550
5. The Theory 562
6. The Evidence 585
7. Conclusion and Directions for Future Research 609
Appendix A, Proofs 612
Appendix B. Modeling Techniques 618
References 628
9. Governance and Stakeholders 637
Vikas Mehrotra, Randall Morck
1. Introduction 637
2. The Firm as a Nexus of Contracts 638
3. Risk Shifting Between Claimants 642
4. Surplus Claimants 653
5. Stock Market Inefficiency 672
6. Implications and Conclusions 672
References 676
10. Evolution of Ownership and Control Around the World: The Changing Face of
Capitalism 685
Julian Franks, Colin Mayer
1. Introduction 685
2. Stock Markets Around the World in the 20th Century and Their Alternative Theoretical
Underpinnings 689
3. The UK 693
4. Germany 700
5. Japan 705
6. The US 708
7. The Twentieth Century in Perspective 713
8. Twenty-First Century Developments 714
9. Conclusions 730
References 732
Index
737
|
| any_adam_object | 1 |
| author2 | Hermalin, Benjamin E. Weisbach, Michael S. 1961- |
| author2_role | edt edt |
| author2_variant | b e h be beh m s w ms msw |
| author_GND | (DE-588)131774727 (DE-588)129309125 |
| author_facet | Hermalin, Benjamin E. Weisbach, Michael S. 1961- |
| building | Verbundindex |
| bvnumber | BV044626874 |
| classification_rvk | QP 341 |
| ctrlnum | (OCoLC)1009036211 (DE-599)BVBBV044626874 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01536nam a2200325 cc4500</leader><controlfield tag="001">BV044626874</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20180425 </controlfield><controlfield tag="007">t|</controlfield><controlfield tag="008">171115s2017 xx |||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780444635303</subfield><subfield code="9">978-0-444-63530-3</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1009036211</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV044626874</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-20</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QP 341</subfield><subfield code="0">(DE-625)141862:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The handbook of the economics of corporate governance</subfield><subfield code="n">Volume 1</subfield><subfield code="c">edited by Benjamin E. Hermalin (Thomas & Alison Schneider Distinguished Professor of Finance and Professor of Economics, University of California, Berkeley), Michael S. Weisbach (Ralph W. Kurtz Chair in Finance, The Ohio State University)</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Amsterdam ; Oxford</subfield><subfield code="b">North-Holland</subfield><subfield code="c">[2017]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xi, 747 Seiten</subfield><subfield code="b">Diagramme</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Handbooks in economics</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Handbooks in economics</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Hermalin, Benjamin E.</subfield><subfield code="0">(DE-588)131774727</subfield><subfield code="4">edt</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Weisbach, Michael S.</subfield><subfield code="d">1961-</subfield><subfield code="0">(DE-588)129309125</subfield><subfield code="4">edt</subfield></datafield><datafield tag="773" ind1="0" ind2="8"><subfield code="w">(DE-604)BV044626858</subfield><subfield code="g">1</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Bamberg - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030025009&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-030025009</subfield></datafield></record></collection> |
| id | DE-604.BV044626874 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-24T06:13:29Z |
| institution | BVB |
| isbn | 9780444635303 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-030025009 |
| oclc_num | 1009036211 |
| open_access_boolean | |
| owner | DE-355 DE-BY-UBR DE-703 DE-739 DE-473 DE-BY-UBG DE-20 |
| owner_facet | DE-355 DE-BY-UBR DE-703 DE-739 DE-473 DE-BY-UBG DE-20 |
| physical | xi, 747 Seiten Diagramme |
| publishDate | 2017 |
| publishDateSearch | 2017 |
| publishDateSort | 2017 |
| publisher | North-Holland |
| record_format | marc |
| series2 | Handbooks in economics |
| spellingShingle | The handbook of the economics of corporate governance |
| title | The handbook of the economics of corporate governance |
| title_auth | The handbook of the economics of corporate governance |
| title_exact_search | The handbook of the economics of corporate governance |
| title_full | The handbook of the economics of corporate governance Volume 1 edited by Benjamin E. Hermalin (Thomas & Alison Schneider Distinguished Professor of Finance and Professor of Economics, University of California, Berkeley), Michael S. Weisbach (Ralph W. Kurtz Chair in Finance, The Ohio State University) |
| title_fullStr | The handbook of the economics of corporate governance Volume 1 edited by Benjamin E. Hermalin (Thomas & Alison Schneider Distinguished Professor of Finance and Professor of Economics, University of California, Berkeley), Michael S. Weisbach (Ralph W. Kurtz Chair in Finance, The Ohio State University) |
| title_full_unstemmed | The handbook of the economics of corporate governance Volume 1 edited by Benjamin E. Hermalin (Thomas & Alison Schneider Distinguished Professor of Finance and Professor of Economics, University of California, Berkeley), Michael S. Weisbach (Ralph W. Kurtz Chair in Finance, The Ohio State University) |
| title_short | The handbook of the economics of corporate governance |
| title_sort | the handbook of the economics of corporate governance |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030025009&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV044626858 |
| work_keys_str_mv | AT hermalinbenjamine thehandbookoftheeconomicsofcorporategovernancevolume1 AT weisbachmichaels thehandbookoftheeconomicsofcorporategovernancevolume1 |