FMA Roundtable on New Developments in European Corporate Governance

• Author: Don Chew,Tom Berglund,Marc Steffen Rapp,Charles Elson,Wolfgang Bessler
• Published date: 01 March 2017
• DOI: http://doi.org/10.1111/jacf.12220
• Date: 01 March 2017

In This Issue: Corporate Governance

The Case for Activist Directors:

A Conversation with Ira M. Millstein

10 Ira Millstein, Columbia Law School, and

Geoff Colvin, Fortune Magazine

Crises, Financial Leadership, and the Six Stretches for Financial Education 15 Robert F. Bruner, University of Virginia

The Role of Corporate Boards:

A Roundtable Discussion of Where We’re Going, Where We’ve Been

22 Panelists: Jesse Greene, Caterpillar and Columbia Business

School; Raj Gupta, Delphi Automotive, Arconic, and Hewlett

Packard; Sophie L’Helias, Kering; and Bill McCracken,

MDU Resources Group, Inc., NACD, and the Millstein Center.

Moderated by Matt Orsagh, CFA Institute

The Evolution of Executive Pay Policy at General Motors, 1918-2008 36 Stephen F. O’Byrne, Shareholder Value Advisors, and

S. David Young, INSEAD

FMA Roundtable on

New Developments in European Corporate Governance

50 Panelists: Charles Elson, University of Delaware Business

School; Tom Berglund, Hanken School of Economics;

Wolfgang Bessler, Justus-Liebig University; and

Marc Steffen Rapp, Philipps Universitat-Marburg.

Moderated by Don Chew

Columbia Law School Roundtable on a

Governance Research Agenda for the Academy

76 Panelists: Martijn Cremers, University of Notre Dame;

Vik Khanna, University of Michigan Law School; and

Jeff Gordon, Columbia Law School.

Moderated by Marcel Bucsescu, Columbia Law School

Liquefying a Market: The Transition of LNG to a Traded Commodity 86 Craig Pirrong, University of Houston

Separating Leadership from Pay 93 Stephan Hostettler and Raphaël Lambin,

HCM International Ltd.

Corporate Governance and the Investment Efciency of

Diversied Corporate Asset Buyers

99 I-Ju Chen, Yuan Ze University and Sheng-Syan Chen,

National Taiwan University

IPO or SBO?: The Increasing Importance of Operating Performance for

Private Equity Exits Following the Global Financial Crisis

115 Emil Plagborg-Møller, Nordea Bank AB, and Morten Holm,

Copenhagen Business School

VOLUME 29 | NUMBER 1 | WINTER 2017

APPLIED CORPORATE FINANCE

Journal of

50 Journal of Applied Corporate Finance • Volume 29 Number 1 Winter 2017

Hanken School of Economics | Helsinki, Finland | June 7, 2016

FMA Roundtable on

New Developments in European Corporate Governance