Corporate Governance, Information and Control

By: Sergio Scandizzo

From Ronald Coase’s seminal paper on the nature of the firm, to Berle and Means’ analysis of the management/ownership separation, and from the development of agency theory to modern stakeholder theory, corporate governance thinking has followed the evolution of modern corporations and their role in capitalistic societies. This chapter will survey some of the most important ideas related to corporate governance, starting from its definitions, and examine the main determinants of various governanc