The February 2012 issue of The Journal of Finance contains several articles on governance and investor protection including one by Benjamin Hermalin and Michael Weisbach titled 'Information disclosure and corporate governance' in which the authors identify the agency problems caused by increased disclosure and argue that increases in disclosure could, in part, explain increases in CEO compensation. For those unable to access the Journal of Finance article, the authors' work is available on SSRN: see, in particular, here.Monday, 27 February 2012
Journal of Finance: February 2012 edition - some articles on governance and investor protection
The February 2012 issue of The Journal of Finance contains several articles on governance and investor protection including one by Benjamin Hermalin and Michael Weisbach titled 'Information disclosure and corporate governance' in which the authors identify the agency problems caused by increased disclosure and argue that increases in disclosure could, in part, explain increases in CEO compensation. For those unable to access the Journal of Finance article, the authors' work is available on SSRN: see, in particular, here.
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