Design of Corporate Governance:

Abstract

We examine how different economies would design an optimal corporate governance system structured from three of the main mechanisms of corporate governance (managerial ownership, monitoring by banks, and disciplining by the takeover market). We allow for interactions among the mechanisms. The first set of results characterizes the combination of governance… (More)

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@inproceedings{John2002DesignOC, title={Design of Corporate Governance:}, author={Kose John and Simi Kedia and Dwight Crane and Mark Flannery and Armando Gomes and Gary B. Gorton and Denis Gromb and Gur Huberman and Eslyn L. Jean-Baptiste and Carl Kester and Jay W. Lorsch and Kevin Murphy and Stewart C. Myers and Philip O'Connor and Maureen O’Hara and David Hirshleifer and Lee-Bath Nelson and Andr{\'e} F. Perold and Manju Puri and Jay Ritter and Stephen Ross}, year={2002} }