Faculty News
Professor David Yermack discusses his research on the impact of blockchain technology on corporate governance
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Excerpt from CoinDesk -- "Authored by New York University (NYU) professor David Yermack, the second working paper by the US non-profit explores how the widespread adoption of distributed ledgers could impact investors, shareholders, auditors and other participants in corporate governance. Citing recent proofs-of-concept at major stock exchanges, the NBER paper explores a future where blockchains are used to record equities in corporations, providing real-time insight into corporate share transfers."
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