Corporate Governance in the US and Europe: Where Are We Now?

Front Matter....Pages i-xi
Corporate Governance in the US and Europe: Where Are We Now?....Pages 1-20
 Michael Jensen on Agency Costs of Overvalued Equity....Pages 21-24
 Jonathan Rickford on Corporate Governance Systems — How Much Convergence?....Pages 25-30
 Colin Mayer on Corporate Governance Systems — How Much Convergence?....Pages 31-36
 Steven N. Kaplan on the State of US Corporate Boards and Governance: What is Right and Wrong?....Pages 37-41
 Paul Davies on Boards of Directors: the European Perspective....Pages 42-46
 Martin Lipton on the Role of the Board of Directors....Pages 47-51
 Roberta Romano on Institutional Shareholders and Corporate Governance in the US....Pages 52-56
 Alastair Ross Goobey on Institutional Shareholders and Corporate Governance — a UK Perspective....Pages 57-60
 Kevin J. Murphy on Executive Compensation: Is Europe Catching Up with the US, and Should it Do So?....Pages 61-64
 Brian G. M. Main on the Question of Executive Pay....Pages 65-69
 Sean O’Hare on UK Compensation Trends....Pages 70-72
 Martin Lipton on the Role of the Corporation in Society....Pages 73-78
 David Henderson on Corporate Social Responsibility and the Role of Business Today....Pages 79-83
 Krishna G. Palepu on Information and the Regulation of Markets....Pages 84-87
 Joshua Ronen on Financial Statement Insurance....Pages 88-90
 Andrei Shleifer asks Is There a Major Problem with Corporate Governance in the United States?....Pages 91-95
 Luigi Zingales on the Importance of Bad News....Pages 96-98
Back Matter....Pages 99-162