The Push Towards Corporate Guidelines

By Asaf Eckstein November 10, 2020 by Asaf Eckstein

In recent years, there has been a debate in the corporate world about the capabilities and incentives of institutional investors to invest in corporate stewardship – defined as monitoring, voting, and engagement – of their portfolio companies. The main focus …

Should Agents Operating in the U.S. Financial Markets Have “Skin in the Game”?

By Asaf Eckstein August 28, 2015 by Asaf Eckstein

The Literature on agency theory is largely focused on relationships in which one party (the principal) engages another party (the agent) to perform some service on the principal’s behalf, the performance of which involves delegating some decision making authority to …

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Columbia Law School's Blog on Corporations and the Capital Markets

Asaf Eckstein

The Push Towards Corporate Guidelines

Should Agents Operating in the U.S. Financial Markets Have “Skin in the Game”?