Welcome to Encycogov
Encycogov is an interactive
encyclopedia about corporate governance and financial issues. This site was
produced by H. Mathiesen mainly
during his PhD program. It is no longer expanded but it will stand as it is to the benefit of students, academics, investors and
To find relevant content quickly at Encycogov you may use Google Custom Search:
White paper on stock price formation
Stock price formation when information about value is
White paper on performance fees for
This white paper on performance fees offers a high level analysis of how
performance fees for investment managers function and how to structure them so that they work in the
best interest of the investors who pays them rather than against their interest.
model on the determinants of executive compensation in listed US firms
A new statistical model on the determinants of executive
compensation in listed US firms has been added. The model includes variable
definitions and theoretical justifications for why the explanatory variables are
included in the model. The model has been estimated on the entire population of listed US firms and
Click here to view model.
Two new exhibitions on ownership and
Two new exhibitions are available on the topic of managerial
ownership and financial performance.
A review of
the theory on managerial ownership and financial performance. Exhibition:
The Morck et al.
 argument about incentives and managerial entrenchment.
Statistical model on managerial ownership
and financial performance
This is the first attempt to make statistical models from
research available in an interactive version where model coefficients and
variables can be clicked to obtain more information.
here to view statistical model.