Corporate Governance, Accounting and Finance: A Review
@article{Brown2011CorporateGA, title={Corporate Governance, Accounting and Finance: A Review}, author={Philip Brown and Wendy Beekes and Peter Verhoeven}, journal={History of Finance (Editor's Choice) eJournal}, year={2011} }
We review accounting and finance research on corporate governance (CG). In the course of our review, we focus on a particularly vexing issue, namely endogeneity in the relationships between CG and other matters of concern to accounting and finance scholars, and suggest ways to deal with it. Given the advent of large commercial CG databases, we also stress the importance of how CG is measured and in particular, the construction of CG indices, which should be sensitive to local institutional… CONTINUE READING
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