Bottom-Up Corporate Governance
37 Pages Posted: 3 Nov 2008
There are 3 versions of this paper
Bottom-Up Corporate Governance
Bottom-Up Corporate Governance
Bottom-Up Corporate Governance
Date Written: March 2005
Abstract
In many instances, �independently minded� 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.
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