What are implications of research discussed for regulations

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1. What methodological reasons might lead researchers investigating the relation between governance and performance to disregard the endogeneity issue and not use a simultaneous equations approach?

2. What are the implications of the research discussed for regulations adopted by Congress and the stock exchanges following the Enron and other accounting scandals that mandated a variety of board-related corporate governance mechanisms for publicly traded ?rms? Note that stock ownership is not one of the new regulations.

Reference no: EM13893994

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