Bottom-Up Corporate Governance

Landier, Augustin; Thesmar, David

Abstract

References (29)

Citations (9)

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Bottom-Up Corporate Governance

HEC Paris - Finance Department

March 2005

NYU Working Paper No. FIN-05-011

Abstract:
In many instances, â¬?independently mindedâ¬? top ranking executives can imposestrong discipline on their CEO, even though they are formally under his authority.This paper argues that the use of such a disciplining mechanism is a key feature ofgood corporate governance.

Number of Pages in PDF File: 37

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Date posted: November 3, 2008

Suggested Citation

Landier, Augustin and Thesmar, David, Bottom-Up Corporate Governance (March 2005). NYU Working Paper No. FIN-05-011. Available at SSRN: http://ssrn.com/abstract=1294147

Contact Information

Augustin Landier (Contact Author) Toulouse School of Economics ( email ) Place Anatole-France Toulouse Cedex, F-31042 France
David Thesmar HEC Paris (Groupe HEC) - Finance Department ( email ) 1 rue de la Liberation Jouy-en-Josas Cedex, 78351 France +33 1 39 67 94 12 (Phone) HOME PAGE: http://www.hec.fr/hec/eng/professeurs_recherche/p_liste/p_fiche.php?num=135

Abstract

References (29)

Citations (9)

Bottom-Up Corporate Governance

Augustin Landier

David Thesmar

Date posted: November 3, 2008

Suggested Citation

Contact Information

Augustin Landier (Contact Author)

David Thesmar