All over the world, companies play an important role in the economy. Different types of stakeholders hold the reins in these companies. An important class are the shareholders that finance the activities of these companies. In return, stakeholders have a say on how these companies should be...

Despite the growing literature on the Asian Infrastructure Investment Bank (AIIB), relatively little has been done to examine the governance issues of the AIIB. How is the governance of the AIIB similar to and different from that of other existing multilateral development banks (MDBs), in...