Information Flows, Organizational Structure, and Corporate Governance

Nadya Malenko

No 31209, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This survey provides an overview of theoretical and empirical research on information flows in corporations. It highlights key frictions preventing effective information flows and discusses how organizational structure and corporate governance can alleviate these frictions, focusing on three broad topics: 1) organizational design, such as the choice between centralized and decentralized decision-making; 2) composition and decision-making process of the board of directors; and 3) communication among shareholders and between shareholders and management in the context of shareholder activism. The goal of the survey is to draw connections between theoretical and empirical work and point out directions for future research.

JEL-codes: D82 D83 G34 L22 (search for similar items in EconPapers)
Date: 2023-05
New Economics Papers: this item is included in nep-cfn
Note: CF
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.nber.org/papers/w31209.pdf (application/pdf)

Related works:
Chapter: Information flows, organizational structure, and corporate governance (2024)
Working Paper: Information Flows, Organizational Structure, and Corporate Governance (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:31209

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w31209

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().