Relational Investing and Agency Theory

Authors

Ian Ayres, Stanford University
Peter Cramton, University of Maryland

Abstract

This Article analyzes how, and when, corporate governance could be improved by utilizing "relational investing." The term relational investing is just coming into vogue and there does not yet seem to be a consensus on what it means. Although the term has been trumpeted on the cover of Business Week, before the Conference on Relational Investing at Columbia University, relatively little legal writing had been published on the subject.

Disciplines

Law | Law and Economics | Securities Law

Recommended Citation

Ian Ayres & Peter Cramton, Relational Investing and Agency Theory, 15 Cardozo L. Rev. 1033 (1994).
Available at: https://larc.cardozo.yu.edu/clr/vol15/iss4/7