Research shows it's more complex than mere crony capitalism.
Big bonuses tempt executives to gamble with company money, but they may make sense for a company in crisis.
An accounting professor says shareholders need accountants to keep track of asset history, not to forecast future prices.
New research finds support for valuing bank securities at current market value.
A new paper says shareholder voting on executive pay doesn't improve compensation practices.
A Stanford research team proposes changes to credit default swaps to lower the risks of sovereign default.
Why bankers like leverage—and what that could mean for the global financial system.
Given the pervasiveness of social media, should the board of directors pay closer attention to the information exchanged on these sites? Can this information be used to improve oversight and risk management?
In a Reuters oped, Professor Anat Admati argues that bank dividend payouts to shareholders expose "the economy to unnecessary risks without valid justification."
David F. Larcker and Brian Tayan at the Corporate Governance Research Program examine succession plans, what a board can do if the market reacts positively to the death of its CEO, and whether the board should revise its succession plan if its CEO engages in risky hobbies or lifestyle habits.