Good Corporate Governance Factored into Stock Prices
Companies with good corporate governance standards—those that avoided no poison pills, staggered boards, golden parachutes, and other practices favoring management—helped boost share prices, according to a new study by three university professors: Lucian Bebchuk of Harvard Law School; Alma Cohen of Tel Aviv University and Charles C. Y. Wang of Stanford. The study found that companies with good corporate governance practices from 2000 to 2008 had incorporated higher valuations into…
Read more...“Margin Call” and the Unreality of Wall Street
The 2008 financial crisis has assumed its role in economic and social history, and continues to get ongoing momentum from the severe recession it created, as well as the ongoing social protests. Yet while there has been extensive analysis of the misdirected and Frankenstein financial engineering which precipitated the recession, not much is known about the types of people who helped create the current economic crisis in the first place….
Read more...Tags:confllict of interest , fiduciary , financial reform , Governance , income inequality , money and pop culture , mutual fund reform , shareholder rights , transparency
