MUNK ADVISORY SERVICES

Corporate Governance issues have frustrated investors since the time of Adam Smith. In The Wealth of Nations, Smith strongly criticized the lack of care of other peoples money exhibited by managers of the public companies. Since then, corporations have greatly increased in size and complexity and their shares are more widely distributed. The agency problems he observed have grown accordingly. At disorganizedcrimes.net, we focus on these agency issues as well as possible remedies to correct the continuing invasion of shareholder property rights by opportunistic managers unrestrained by disciplined monitors. The controversy over managerial compensation has not gone away. Performance pay issues still need to be resolved: how much and the means of payment are still recurrent issues of corporate governance.

Also known as: Disorganized Crimes, disorganizedcrimes.net, Munk Advisory Services, LLC