Acharya, Viral V. (contributor); Volpin, Paolo (contributor) - 2007
Corporate Governance Externalities
Viral Acharya and Paolo Volpin
London Business School and Centre for … Economic Policy Research (CEPR)
November 2007
Abstract
We argue that the choice of corporate governance by a firm … investing in corporate governance and produces weaker overall governance in the
economy. The effect is stronger the greater the …