Books in the Annals of Corporate Governance series

Explains how corporations and other business organisations can be supplemented with blockchain-based agency constructs. Blockchain-based decentralized autonomous organizations (DAOs) expand the definition of the firm. On-chain DAO governance enables dynamic regulatory features that facilitate unprecedented decentralized regulatory solutions.

Explores the factors that have caused the recent explosion in hedge fund activism; examines the impact of this activism, including whether it is shortening investment horizons and discouraging investment in research and development; and surveys and evaluates possible legal interventions with an emphasis on the least restrictive alternative.

Against the backdrop of an ever-changing financial landscape, "venture capital" has taken on a new uncertainty and complexity. In this review, the authors suggest that venture capital should not exclusively - or even primarily - be defined in terms of providing risk capital (and advise) to founder-entrepreneurs.

Demonstrates that the need to justify is pervasive and identifies a type of agency cost - ""justification costs"" - resulting from decisions motivated by justification; considers the relationship between these sorts of agency costs and more traditional agency costs; and introduces a role for uncertainty.

Presents the many different dimensions to national corporate governance regimes, encompassing the legal, the political, the economic, and the social behaviour. While there is much debate within the literature as to which is the most important aspect of each, this monograph provides a basis to evaluate this burgeoning literature.

This monograph studies board independence in French, German, and UK listed family firms. It focuses on these countries because of their distinct legal and corporate governance systems.

Reviews the two promises of Gender Balance Law - the promise of greater gender equality in leadership positions in private companies and the promise of improved firm performance. This review is based on the academic literature together with long-term descriptive statistics before and after the regulation.

Reviews the literature on value creation in buyout investments and proposes an overall framework for mapping the heterogeneous opportunities to create value. Based on this literature review, the authors identify seven distinct value creation drivers: financial, operational, strategic, governance, cultural, commercial, and institutional.

Provides an introductory history of the rise of sovereign wealth, from its early precursors in the United States to the large and more recently created funds of natural resource-rich countries. The book also provides a discussion of how sovereign wealth funds have been defined by both observers and the funds themselves.

Explores theories and concepts analysing, judging and describing financial decisions in entrepreneurial firms and draws on positive and normative aspects of entrepreneurship. This book describes these phenomena in aspects of governance issues in IPO firms, and how governance structures shape the behaviour of these firms.

Since the middle of the twentieth century, business and legal scholars have tried to explain why corporate boards of directors function as they do. Understanding Boards of Directors examines why research on corporate governance has been slow and uneven, and where that research should turn next to be valuable to practitioners.