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Corporate governance and shareholder value : how did we get here and where are we going?

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  • Fred Kaen

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Suggested Citation

  • Fred Kaen, 2002. "Corporate governance and shareholder value : how did we get here and where are we going?," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(03), pages 7-12, October.
    • Handle: RePEc:ces:ifofor:v:3:y:2002:i:03:p:7-12
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    File URL: https://www.cesifo.org/DocDL/Forum302-focus2.pdf
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    References listed on IDEAS

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    1. Jensen, Michael C, 1986. "Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers," American Economic Review, American Economic Association, vol. 76(2), pages 323-329, May.
    2. Fama, Eugene F, 1970. "Efficient Capital Markets: A Review of Theory and Empirical Work," Journal of Finance, American Finance Association, vol. 25(2), pages 383-417, May.
    3. Michael E. Porter, 1992. "Capital Choices: Changing The Way America Invests In Industry," Journal of Applied Corporate Finance, Morgan Stanley, vol. 5(2), pages 4-16, June.
    4. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
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    Cited by:

    1. Ajit Singh & Jack Glen & Ann Zammit & Rafael De-Hoyos & Alaka Singh & Bruce Weisse, 2005. "Shareholder Value Maximisation, Stock Market and New Technology: Should the US Corporate Model be the Universal Standard?," International Review of Applied Economics, Taylor & Francis Journals, vol. 19(4), pages 419-437.

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    More about this item

    Keywords

    Corporate Governance; Shareholder Value;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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