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Shareholders need better boards, not more regulation

Author: Vermaelen, Theo INSEAD Area: FinanceIn: Financial Times, 11/01/2008 Language: EnglishDescription: p. 8.Type of document: INSEAD ArticleNote: Please ask us for this itemAbstract: Professor of Finance Theo Vermaelen discusses why many acquirers lose money in acquisitions. He says the problem cannot be cured by regulation of the financial sector. Instead, what is needed is better governance, that is, board members who defend shareholder interests and understand finance.
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INSEAD Article Europe Campus
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Professor of Finance Theo Vermaelen discusses why many acquirers lose money in acquisitions. He says the problem cannot be cured by regulation of the financial sector. Instead, what is needed is better governance, that is, board members who defend shareholder interests and understand finance.

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