TY  - JOUR
AU  - Bebchuk, Lucian A
AU  - Weisbach, Michael S
TI  - The State of Corporate Governance Research
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15537
PY  - 2009
Y2  - November 2009
DO  - 10.3386/w15537
UR  - http://www.nber.org/papers/w15537
L1  - http://www.nber.org/papers/w15537.pdf
N1  - Author contact info:
Lucian A. Bebchuk
Harvard Law School
1545 Massachusetts Avenue
Cambridge, MA 02138
Tel: 617/495-3138
Fax: 617/812-0554
E-Mail: bebchuk@law.harvard.edu

Michael S. Weisbach
Department of Finance
Fisher College of Business
The Ohio State University
2100 Neil Ave.
Columbus, OH  43210
Tel: 614/292-3264
E-Mail: weisbach.2@osu.edu
M1  - published as Lucian A. Bebchuk, Michael S. Weisbach. "The State of Corporate Governance Research," in Michael Weisbach, editor, "Corporate Governance" The Review of Financial Studies, vol. 23, no. 3, March 2010 (2010)

AB  - This paper, which introduces the special issue on corporate governance co-sponsored by the Review of Financial Studies and the National Bureau of Economic Research (NBER), reviews and comments on the state of corporate governance research. The special issue features seven papers on corporate governance that were presented in a meeting of the NBER's corporate governance project. Each of the papers represents state-of-the-art research in an important area of corporate governance research. For each of these areas, we discuss the importance of the area and the questions it focuses on, how the paper in the special issue makes a significant contribution to this area, and what we do and do not know about the area. We discuss in turn work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders, comparative corporate governance, cross-border investments in global capital markets, and the political economy of corporate governance.
ER  -