History repeats itself: The failure of rational choice models in corporate governance
نویسندگان
چکیده
منابع مشابه
History repeats itself.
To the Editor: In a recent issue of Circulation, Zaman et al1 report a model for the preoperative risk stratification of patients at risk for developing atrial fibrillation (AF) after isolated coronary artery bypass grafting (CABG). They studied 326 patients prospectively and demonstrated that prolonged signal-averaged P-wave duration (SAPD), advanced age, and male sex identified patients at a ...
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One hundred years after the Triangle Shirtwaist Factory fire in New York City that caused the death of 146 garment workers, a garment fire on November 24, 2012 in Bangladesh resulted in 111 deaths under remarkably similar circumstances. The majority of these workers were also young women, economically disadvantaged, migrants, and, by any definition, vulnerable. Fires have been a persistent prob...
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عصر روشنگری زمان شکل گیری ایده های مدرن تربیتی- آموزشی بود اما تاکید بیش از اندازه ی دوشاخه مهم فلسفی زمان یعنی عقل گرایی و حس گرایی بر دقت و وضوح، انسان عصر روشنگری را نسبت به دیگر تواناییهایش نابینا کرده و موجب به وجود آمدن افرادی تک بعدی شد که افتخارعقلانیتشان، تاکید شان بر تجربه فردی، به مبارزه طلبیدن منطق نیاکانشان وافسون زدایی شان از دنیا وتمام آنچه با حواس پنجگانه قابل درک نبوده و یا در ...
Security Choice and Corporate Governance
The most efficient corporate governance structure will vary by firm depending on the costs and benefits of different governance mechanisms. For IPO firms that must select the type of equity offering, Schultz (1993) contends that warrants in equity offerings reduce agency conflicts. We conjecture that IPO firms issue warrants as a substitute for a less effective corporate governance structure, s...
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This paper uses the second-generation antitakeover legislation as a natural experiment to understand corporate governance inuence on managerial decisions, speci cally by examining inuences on rmsliquidity choices between cash and loan commitments. These choices di¤er primarily in the allocation of ex-post control rights of rmsliquidity reserves, which may lead to disagreement among stakeh...
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ژورنال
عنوان ژورنال: Critical Perspectives on Accounting
سال: 2007
ISSN: 1045-2354
DOI: 10.1016/j.cpa.2005.11.010