Corporate Oversight and Disobedience

Enabling Management Oversight in Corporate Blog Space

When a modern corporation empowers its staff to use blogs to communicate with colleagues, partners, suppliers and customers, the role of management in exercising oversight and guidance over the public speech of staff becomes dramatically challenged. This paper describes a computational solution to the interpretation of human-readable blog publishing policy documents into semi-automatic disconfo...

Does auditor regulatory oversight affect corporate financing and investment decisions?

This paper examines the real effects of auditor regulatory oversight on companies’ financing and investing policies. Using the Public Company Accounting Oversight Board’s (PCAOBs) international inspection program as a setting to generate within-country variation in auditor oversight, I find that companies respond to the increase in auditor oversight by issuing additional external capital amount...

Medical research oversight from the corporate governance perspective: comparing institutional review boards and corporate boards.

The Role of the Board in Corporate Risk Oversight

This paper investigates the role of the board in monitoring corporate risk. Proponents of riskrelated governance structures such risk committees or Enterprise Risk Management (ERM) programs contend that risk monitoring adds value by ensuring that corporate risks are managed. An alternative view is that such governance structures are nothing more than window-dressing in response to regulatory or...

Disobedience and Authority

This paper presents a theory of the allocation of authority in an organization in which centralization is limited by the agent’s ability to disobey the principal. We show that workers are given more authority when they are costly to replace or do not mind looking for another job, even if they have no information advantage over the principal. The allocation of authority thus depends on external ...