Includes bibliographical references and index.

The modern industrial revolution, exit, and the failure of internal control systems / Michael C. Jensen -- A survey of corporate governance / Andrei Shleifer and Robert W. Vishney -- Investor protection and corporate governance / Rafael La Porta [and others] -- Agency costs and ownership structure / James S. Ang, Rebel Cole, and James Wuh Lin -- Security design, insider monitoring, and financial market equilibrium / Hiroshi Osano -- Blockholdings in Europe : an international comparison / Marco Becht and Ailisa Röell -- The ultimate ownership of western European corporations / Mara Faccio and Larry H.P. Lang -- Why are the levels of controls (so) different in German and UK companies? Evidence from initial public offerings / Marco Goergen and Luc Renneboog -- Do occupational pension funds monitor companies in which they hold large stakes? / Mara Faccio and M. Ameziane Lasfer -- Governance with poor investor protection : evidence from top executive turnover in Italy / Paolo F. Volpin -- Ownership, managerial control and the governance of companies listed on the Brussels Stock Exchange / Luc Renneboog -- Who disciplines management in poorly performing companies? / Julian Franks, Colin Mayer and Luc Renneboog -- The Cadbury Committee, corporate performance and management turnover / Jay Dahya, John J. McConnell and Nickolaos Travlos -- The prince and the pauper? CEO pay in the United States and United Kingdom / Martin J. Conyon and Kevin J. Murphy -- The sensitivity of CEO wealth to equity risk : an analysis of the magnitude and determinants / Wayne R. Guay -- Executive stock option repricing, internal governance mechanisms, and management turnover / N.K. Chidambaran and Nagpurnanand R. Prabhala -- Executive compensation and agency costs in Germany / Julie Ann Elston and Lawrence G. Goldberg -- Performance consequences of mandatory increases in executive stock ownership / John E. Core and David F. Larcker -- Does the governed corporation perform better? Governance structures and corporate performance in Germany / Erik Lehmann and Jürgen Weigand -- Corporate governance and equity prices / Paul Gompers, Joy Ishii and Andrew Metrick -- Shareholders wealth effects of joint venture strategies / Gertjan Schut and Ruud van Frederikslust -- Corporate restructuring in response to performance decline : impact of ownership, governance and lenders / Jim Lai and Sudi Sudarsanam -- Dividend policy, corporate governance and the managerial entrenchment hypothesis : an empirical analysis / Jorge Farinha -- Earnings management and investor protection : an international comparison / Christian Leuz, Dhananjay Nanda and Peter D. Wysocki -- Takeover defenses, ownership structure and stock returns in the Netherlands : an empirical analysis / Rezaul Kabir, Dolph Cantrijn and Andreas Jeunink -- The role of hostile stakes in German corporate governance / Tim Jenkinson and Alexander Ljungqvist -- The market for corporate control in a bank-based economy : a governance device? / Jens Köke -- Hostile takeovers and the correction of managerial failure / Julian Franks and Colin Mayer.