Culture and Corporate Governance Rules
Rules and practices of corporate governance regulate how responsive managers are to shareholder needs. Insulated US managers are less concerned with environmental or social effects of decisions. Share price related pay was proposed to solve princ-agent problem but has bad side effects (bubbles).
Immediately related elementsHow this works
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VSI: Problem Jostle »VSI: Problem Jostle
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Phase 1: Generate SIs »Phase 1: Generate SIs
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Transparency »Transparency
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Principal-agent problem (asset manager -shareholder-company) »Principal-agent problem (asset manager -shareholder-company)
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Culture and Corporate Governance Rules
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