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This euphemistic analogy is akin to the rhetoric of the Chinese government, which often argues that firm governance is needed to preserve "healthy" information flows and avoid "traffic accidents" on the Internet.
Then the executive committee could look at the issue of firm governance.
The firm, Governance for Owners, has been tasked with voting the shares of the bank's largest shareholder — the asset management behemoth BlackRock — on the question of whether to split the jobs of chairman and chief executive.
We therefore conclude that MRPs represent an effective form of firm governance designed to mitigate the underperformance of older CEOs.
Following previous research on PSF governance we consider both ownership and control as aspects of firm governance.
On the contrary, how values and beliefs of professionals affect firm governance constitute a rather new research area.
Similar(51)
A recent survey by CLSA, a stockbroker, concludes that firms' governance in Asia judged by measures such as board independence has slipped since 2012.Perhaps Asia just has its own way of doing business.
"It's a necessary stake to ensure firm corporate governance".
It is not only that Carlyle shareholders will have no say over the firm's governance.
But a smaller advisory firm, Proxy Governance Inc., is telling them to vote yes.
It is also a way to force through improvements in the firm's governance and business culture.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com