Title: | Bottom-Up Corporate Governance |
Authors: | Landier, Augustin Sraer, David Thesmar§, David |
Issue Date: | 11-Mar-2005 |
Series/Report no.: | FIN-05-011 |
Abstract: | In many instances, ”independently minded” top ranking executives can impose strong discipline on their CEO, even though they are formally under his authority. This paper argues that the use of such a disciplining mechanism is a key feature of good corporate governance. |
URI: | http://hdl.handle.net/2451/26412 |
Appears in Collections: | Finance Working Papers |
Files in This Item:
File | Description | Size | Format | |
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FIN-05-011.pdf | 184.12 kB | Adobe PDF | View/Open |
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