66.Research Methods in Finance – “What Matters in Corporate Governance?” by Lucian Bebchuk, Alma Cohen and Allen Ferrell, Review of Financial Studies, 2015, 22(2), 783-827
Write a 1200 word essay on the following paper:
“What Matters in Corporate Governance?” by Lucian Bebchuk, Alma Cohen and Allen Ferrell, Review of Financial Studies, 2009, 22(2), 783-827.
The essay should include a critical appraisal of the research issues (research question and hypothesis, underlying literature and models, contribution to knowledge, key variables defined by theory), data and method (sources, time period,what they excluded, particular techniques, identify proxies, type of tests), results and implications (conclusion, whether the research question was answered adequately, what questions remain unanswered for future research, critique of the paper, potential biases, comment on appropriateness of methodology, sampling procedure, empirical models tested, significance of paper and whether it contributes to knowledge).
The link to the essay is: http://www.law.harvard.edu/faculty/bebchuk/pdfs/2008_What-Matters-Review-of-Financial-Studies.pdf