https://scholar.harvard.edu/files/shleifer/files/ip_corpgov.pdf

Investor Protection and Corporate Governance

Corporate disclosure is critical for the functioning of an efficient capital market. Firms provide disclosure through regulated financial reports, including the financial statements, footnotes, management discussion and analysis, and other regulatory filings. In addition, some firms engage in voluntary communication, such as management forecasts, analysts? presentations and conference calls, press releases, internet sites, and other corporate reports. Finally, there are disclosures about firms by information intermediaries, such as financial analysts, industry experts, and the financial press.

Information Asymmetry, Corporate Disclosure and the Capital Markets: A Review of the Empirical Disclosure Literature

http://lib.cufe.edu.cn/upload_files/other/4_20140516025625_19.pdf

Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature $

http://mx.nthu.edu.tw/~jtyang/Teaching/Corporate_Governance/Papers/Claessens,%20Djankov,%20Lang%202000.pdf

The separation of ownership and control in east asian corporations

https://faculty.fuqua.duke.edu/~jgraham/website/SurveyPaper.PDF

The theory and practice of corporate finance: Evidence from the field

Theory of the Firm

The study of corporate strategy within graduate schools of business has been under way for many years. With the growing complexity of the world and with the increased size of business firms, the need for planning and the development of a corporate strategy has become recognized in the business firm. While many areas of management have been subjected to scientific analysis, the strategy area continues to be characterized by a commonsensical, judgmental approach. This paper is an attempt to impose structure upon the various problems inherent in the process of formulating, implementing, and monitoring corporate strategy in modern business firms. We begin by identifying the relevant considerations in the strategic planning process and then discussing the manner in which formal models can prove useful to executives in dealing with various subproblems. The paucity of valid, normative propositions in the corporate strategy literature indicates the need for a more scientific approach to this important field. The nine major steps that constitute the strategic planning process are as follows: (1) formulation of goals; (2) analysis of the environment; (3) assigning quantitative values to the goals; (4) the microprocess of strategy formulation; (5) the gap analysis; (6) strategic search; (7) selecting the portfolio of strategic alternatives; (8) implementation of the strategic program; (9) measurement, feedback, and control.' This paper will review these nine steps and present selected ideas that demonstrate how the strategic planning process could be improved through use of analytical procedures. The nine steps should not be viewed as a once-and-for-all process of strategic planning, but, rather, as a continuous, ongoing process.2 The whole procedure is a dynamic

Strategy: Formulation, Implementation, and Monitoring

Introduction, 112. — Theory construction (model building), 113. — General characteristics of computer models, 115. — Comparison of computer models with operations research simulations and econometric models, 117. — Methodological problems of computer models, 119. — Review of the literature, 121. — Future of computer models, 126.

Computer Models in Dynamic Economics

An inter-temporal quadratic programming model for selecting portfolios of risky assets is formulated The model's application to capital budgeting is discussed in considerable detail This is followed by briefer discussions of its application in other areas The paper develops a new and more efficient way of using simulation to calculate the variance-covariance elements required as input to Markowitz-type models; this new procedure makes no further demands on the decision maker than do other simulation models that have been suggested The paper also shows how such models can be made inter-temporal Finally, the paper analyzes the potentials for extending such models to include other theoretical considerations that have been proposed in the literature

Kalman J. Cohen

Papers

Theory of the Firm

Strategy: Formulation, Implementation, and Monitoring

Computer Models in Dynamic Economics

Inter-Temporal Portfolio Analysis Based on Simulation of Joint Returns

Theory of the Firm: Resource Allocation in a Market Economy