overnance structures that enable or prevent shareholders to effect change. That study, by Andrew Metrick of Yale University, Paul Gompers of Harvard University and Joy Ishii of Stanford University, found that the shares of companies that were most responsive to shareholders gained an average of 8.5%
aces to a major study he helped to conduct a decade ago. Co-authored with Paul Gompers of Harvard and Joy Ishii of Stanford, the study which appeared in the Quarterly Journal of Economics in February 2003 found that the shares of companies that were most responsive to shareholders gained 8.5% mor
Date: May 14, 2013
Category: Business
Source: Google
Facebook Ownership Structure Should Scare Investors More Than Botched IPO
ese kind of companies underperform peers in the market, or even trade at a discount to single-share peers. But a study by Paul Gompers, Joy Ishii and Andrew Metrick found that while large ownership stakes in insiders hands tend to improve corporate performance, heavy control by insiders weakens it. The
Date: May 23, 2012
Category: Business
Source: Google
Facebook CEO Mark Zuckerberg's reticence to meet with investors could hurt IPO ...
Companies with dual-class share structures perform worse on average than those with regular stock that give investors equal voting rights, according to studies of corporations from 1994 to 2002 by professors Paul Gompers, Joy Ishii and Andrew Metrick.