CORDIS - Resultados de investigaciones de la UE
CORDIS

The role of corporate governance in the 2008 Financial Crisis

Objetivo

The purpose of this project is to follow up with a line of research on the role of corporate governance I started at Stanford University during my PhD at the Graduate School of Business. With the support of the Rock Center for Corporate Governance, I have explored different aspects of corporate governance and their regulatory implications. In papers coauthored with leading researchers from Stanford, Wharton and Harvard, I am exploring several aspects of the potential role of corporate governance on the financial crisis such as the role of corporate boards on risk oversight, the role of credit rating agencies and executive risk-taking incentives in the securitization process, insider trading activity around the financial crisis, the market reaction to corporate governance regulation, and the role of proxy advisory firms in stock option exchanges. Some of this work has been published or is under review at top-tier economics journals. There is still much
to learn about whether the financial crisis could have been avoided or mitigated by appropriate incentives and monitoring mechanisms, and about which corporate governance practices affect outcomes important to investors. In conjunction with my American colleagues, I will keep exploring the multidimensional nature of corporate governance and financial regulation and hopefully will also keep publishing papers at leading scientific journals in the areas of Finance and Accounting. This research project is also an opportunity to strengthen the cooperation between European and American business schools in a joint effort to better understand the causes and consequences of the recent financial upheaval.

Convocatoria de propuestas

FP7-PEOPLE-2011-CIG
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Coordinador

UNIVERSIDAD DE NAVARRA
Aportación de la UE
€ 100 000,00
Dirección
CAMPUS UNIVERSITARIO EDIFICIO CENTRAL
31080 Pamplona
España

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Región
Noreste Comunidad Foral de Navarra Navarra
Tipo de actividad
Higher or Secondary Education Establishments
Contacto administrativo
Sofia Anisimova (Ms.)
Enlaces
Coste total
Sin datos