There is a never-ending procession of seminars, conferences, position papers and industry associations that have improvement of corporate governance as their main aim. One has to wonder, however, what the result of all this activity is. Is it just a disguised form of marketing and public relations? There is also one key deficiency - there is no input from the real end investors, the clients of private banks, asset managers, pension funds or insurance companies. Case in point: Eumedion, only one (!) blog entry since late 2013. Need I say more?
(27-October-2016)
In our paper entitled Asset Management, Index Funds, and Theories of
Corporate Control, we dispute the principal arguments of three papers
addressing asset...
16 hours ago
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