The Relational Corporate Governance Approach
Corporations, Globalisation and the Law series
Chapter 11: Relational approach conclusions
Estimating the future effects of (publicly known) governance provisions (or governance characteristics correlated with them) is far from a straightforward matter and requires not only knowing the public information about the provisions but also plugging it into an appropriate structural model of the firms and their environment. Lucian A Bebchuk, Alma Cohen and Charles C Y Wang.
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