The Persistent Debate About Convergence in Comparative Corporate Governance
Author: Jennifer G. Hill
Publisher:
Published: 2020
Total Pages: 14
ISBN-13:
DOWNLOAD EBOOKThis paper reviews the bo ...
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Convergence and Persistence in Corporate Governance
Author: Jeffrey N. Gordon
Publisher: Cambridge University Press
Published: 2004-04-08
Total Pages: 396
ISBN-13: 9780521536011
DOWNLOAD EBOOKCorporate governance is on the reform agenda all over the world. How will global economic integration affect the different systems of corporate ownership and governance? Is the Anglo-American model of shareholder capitalism destined to become the template for a converging global corporate governance standard or will the differences persist? This reader contains classic work from leading scholars addressing this question as well as several new essays. In a sophisticated political economy analysis that is also attuned to the legal framework, the authors bring to bear efficiency arguments, politics, institutional economics, international relations, industrial organization, and property rights. These questions have become even more important in light of the post-Enron corporate governance crisis in the United States and the European Union's repeated efforts at corporate integration. This will become a key text for postgraduates and academics.
Book Review
Author: Tobias H. Troeger
Publisher:
Published: 2013
Total Pages: 9
ISBN-13:
DOWNLOAD EBOOKConvergence and Persistence in Corporate Governance does not add groundbreaking new insights to the relevant debate or deliberate extensively on the most recent developments. Bringing together most of the trend-setting articles in a slightly revised form in a concise volume, however, serves an important function: it can be inferred from the various contributions that the comprehensive and hence somewhat abstract theories on convergence or persistence do not rep-resent the end of comparative corporate governance scholarship but need testing by comparing diverse aspects of corporate governance jurisdiction by jurisdiction on a concrete and detailed basis. Obviously, the formidable challenges awaiting corporate governance research can be facilitated considerably by inducing as many experts as possible to participate in the endeavour. Winning them over by revealing the fascination of this streak of legal scholarship and its immense potential to produce both normative (is there one best institutional arrangement?) and descriptive (what developments are to be expected and how can the evolution of institutions be influenced?) in-sights in the process of globalisation is facilitated by the fact that this book addresses a broad circle of academics, practitioners and students of advanced issues of corporate governance.
Comparative Corporate Governance
Author: Véronique Magnier
Publisher: Edward Elgar Publishing
Published: 2017-08-25
Total Pages: 233
ISBN-13: 1784713562
DOWNLOAD EBOOKComparative Corporate Governance considers the effects of globalization on corporate governance issues and highlights how, despite these widespread consequences, predictions of legal convergence have not come true. By adopting a comparative legal approach, this book explores the disparity between convergence attempts and the persistence of local models of governance in the US, Europe and Asia.
Performativity and Convergence in Comparative Corporate Governance
Author: Jeroen Veldman
Publisher:
Published: 2019
Total Pages: 21
ISBN-13:
DOWNLOAD EBOOKWe engage with the convergence/divergence debate in the comparative study of corporate governance by commending a nuanced formulation of the convergence thesis. Directing attention to the precarious constitution and adoption of knowledge claims about corporate status and architecture in the field of corporate governance we suggest that the study of comparative corporate governance might usefully incorporate consideration of claims about corporate governance as potentially performative statements that function to stabilize particular ideas of status and architecture of the modern corporation with substantive outcomes for political economy, thereby influencing the shape of the institutions comprising the field of corporate governance. We conclude that the predominantly epistemological preoccupations of participants in the convergence/divergence debate could be usefully refined and supplemented by giving closer attention, empirical as well as theoretical, to the relation between performativity, convergence/divergence, and political economy.
Comparative Corporate Governance
Author: Afra Afsharipour
Publisher: Edward Elgar Publishing
Published: 2021-06-25
Total Pages: 544
ISBN-13: 1788975332
DOWNLOAD EBOOKThis research handbook provides a state-of-the-art perspective on how corporate governance differs between countries around the world. It covers highly topical issues including corporate purpose, corporate social responsibility and shareholder activism.
The Oxford Handbook of Corporate Law and Governance
Author: Jeffrey Neil Gordon
Publisher: Oxford University Press
Published: 2018
Total Pages: 1217
ISBN-13: 0198743688
DOWNLOAD EBOOKCorporate law and governance are at the forefront of regulatory activities worldwide, and subject to increasing public attention in the wake of the Global Financial Crisis. Comprehensively referencing the key debates, the Handbook provides a much-needed framework for understanding the aims and methods of legal research in the field.
The Political Determinants of Corporate Governance in China
Author: Chenxia Shi
Publisher: Routledge
Published: 2012-03-15
Total Pages: 287
ISBN-13: 1136338365
DOWNLOAD EBOOKThis book investigates the key factors shaping corporate governance in China and presents a sophisticated study of corporate governance in China from a comparative and historical perspective. Drawing on extensive corporate governance literature, this book articulates why path dependence theory is the most effective framework for interpreting the development path of Chinese corporate governance. Chenxia Shi reviews the historical role of government in commercial development and regulation in dynastic China and in early corporate law-making, followed by an account of China’s legal and economic development over the last three decades. This historical inquiry identifies government control as the key feature of economic and market regulation in China. In particular, this book canvasses the evolution of governance of State-Owned Enterprises and listed companies, major corporate governance problems, regulatory challenges posed by China’s increasing participation in economic globalization, and enforcement difficulties particularly in relation to investor protection, directors’ duties and accountability. Ultimately, Political Determinants of Corporate Governance in China demonstrates that corporate governance in China is largely determined by political imperatives and those political imperatives have been shaped and re-shaped in a historical process.
Convergence and Persistence in Corporate Law and Governance
Author: Jeffrey N. Gordon
Publisher:
Published: 2017
Total Pages: 35
ISBN-13:
DOWNLOAD EBOOKThis paper, which will be the basis for a chapter in the forthcoming OXFORD HANDBOOK OF CORPORATE LAW AND GOVERNANCE (Jeffrey Gordon and Georg Ringe, eds.), surveys the extent of convergence in corporate law and governance over the past 15 years. The paper assesses the efforts to measure convergence through the coding of national legal regimes and other comparative measures, finding “divergence in convergence.” Among its conclusions: The decline in cross-listings on US stock markets reflects a “leveling up” of corporate governance standards in emerging market economies and financial globalization's development of credible substitutes for the US's disclosure regime. Much of convergence has resulted from the work of global governance institutions reacting to an assessment that poor corporate governance played a major role in the East Asian Financial Crisis and is otherwise implicated in financial stability. The relative lack of convergence within the EU is less because of the efficiencies of local regimes and more because of the desire of Member States to throw sand-in-the-gears of economic and political integration by impeding the growth of trans-EU firms. Finally, the latest turn in the “End of History” debate is less about the primacy of “shareholder value” and more about “which shareholders.” The combination of long-standing family ownership and the reconcentration of public equity ownership in institutional investors has created a significant shareholder constituency that includes “stability” in its maximizing function, not just “efficiency.”
Private Equity, Corporate Governance and the Dynamics of Capital Market Regulation
Author: Justin O'Brien
Publisher: World Scientific
Published: 2007
Total Pages: 424
ISBN-13: 1860948472
DOWNLOAD EBOOKAddresses the implications of private equity for the governance of corporations, the capital markets in which they operate and the professionals who provide corporate advisory services. Justin O'Brien from Charles Sturt University.
