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Where the good old days that good? Changes in Managerial Stock Ownership since the Great Depression
We document that ownership by officers and directors of publicly traded
firms is on average higher today than earlier in the century.
Managerial ownership has risen from 13 percent for the universe of
exchange-listed corporations in 1935, the earliest year for which such
data exist, to 21 percent...
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Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. The body sometimes has a different name, such as board of trustees, board of governors, board of managers, or executive...
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of persons. Depending on the nature of the property, an owner of property has the right to consume, sell, rent, mortgage, transfer, exchange or destroy...
Corporate governance
Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled. Corporate governance also includes the relationships among the many...
Securities Market
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