My dissertation comprises three essays that address several unanswered and unsettled questions on the role of institutional investors as external monitors. In t
Corporate governance is the system by which corporations are controlled. External sources of governance include regulatory and market mechanisms as well as the
This dissertation provides a theoretical analysis of several corporate governance mechanisms in the presence of information asymmetries and agency conflicts bet
Corporate governance examines the mechanisms through which managers and directors are incentivized to act in the best interests of shareholders. The three essay