The Modern Corporation and Private Property
Author : Adolf Augustus Berle
Publisher :
Page : 396 pages
File Size : 29,16 MB
Release : 1937
Category : Corporation law
ISBN :
Author : Adolf Augustus Berle
Publisher :
Page : 396 pages
File Size : 29,16 MB
Release : 1937
Category : Corporation law
ISBN :
Author : Brian R. Cheffins
Publisher : Oxford University Press, USA
Page : 0 pages
File Size : 33,83 MB
Release : 2010
Category : Law
ISBN : 9780199596393
Much discussion on corporate governance assumes companies are owned and controlled separately, yet this is not the norm worldwide. This book explores the foundations of separation in UK companies, asking how the company came to prominence and why and how the UK stock market came to be dominated by institutional shareholders.
Author : Shalini Perera
Publisher : World Scientific
Page : 446 pages
File Size : 46,94 MB
Release : 2011
Category : Business & Economics
ISBN : 9812837477
The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of a few individuals, families or corporate groups and impact on corporate governance and economic development.Using Sri Lanka as an illustrative example, Corporate Ownership and Control sets out the implications of corporate ownership and control structures on the governance of companies, and suggests a reform agenda to meet the challenges posed by such structures. Any analysis into the reform of corporate governance in developing countries should begin with a focus on the local market structures that define its adaptation and effectiveness. The issues explored in the book provide an insight into ownership and control structures in Sri Lanka, the costs and benefits of such structures, and the necessary reform framework to promote effective corporate governance. The analysis can be used to both understand the impact of ownership structures on corporate governance, and suggest how corporate governance issues arising from such structures should be resolved in order to promote economic development and growth.
Author : Alessio M. Pacces
Publisher : Routledge
Page : 492 pages
File Size : 43,25 MB
Release : 2012
Category : Business & Economics
ISBN : 0415565197
This book takes a comparative law and economics approach to the study of corporate governance. It looks at the overall impact of corporate law on separation of ownership and control across different jurisdictions and in doing so reappraises the existing framework for economic analysis of corporate law.
Author : Wm. Dennis Huber
Publisher : Routledge
Page : 188 pages
File Size : 50,13 MB
Release : 2020-04-08
Category : Business & Economics
ISBN : 1000061841
Dozens of judicial opinions have held that shareholders own corporations, that directors are agents of shareholders, and even that directors are trustees of shareholders’ property. Yet, until now, it has never been proven. These doctrines rest on unsubstantiated assumptions. In this book the author performs a rigorous, systematic analysis of common law, contract law, property law, agency law, partnership law, trust law, and corporate statutory law using judicial rulings that prove shareholders do not own corporations, that there is no separation of ownership and control, directors are not agents of shareholders, and shareholders are not investors in corporations. Furthermore, the author proves the theory of the firm, which is founded on the separation of ownership and control and directors as agents of shareholders, promotes an agenda that wilfully ignores fundamental property law and agency law. However, since shareholders do not own the corporation, and directors are not agents of shareholders, the theory of the firm collapses. The book corrects decades of confusion and misguided research in corporate law and the economic theory of the firm and will allow readers to understand how property law, agency law, and economics contradict each other when applied to corporate law. It will appeal to researchers and upper-level and graduate students in economics, finance, accounting, law, and sociology, as well as attorneys and accountants.
Author : Kurt Haynes Kruger
Publisher :
Page : 196 pages
File Size : 15,5 MB
Release : 1982
Category : Corporation law
ISBN :
Author : Philip Joseph Karst
Publisher :
Page : 114 pages
File Size : 22,50 MB
Release : 1972
Category :
ISBN :
Author : Randall K. Morck
Publisher : University of Chicago Press
Page : 700 pages
File Size : 23,89 MB
Release : 2007-11-01
Category : Business & Economics
ISBN : 0226536831
For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.
Author : Peter A. Gourevitch
Publisher : Princeton University Press
Page : 365 pages
File Size : 46,42 MB
Release : 2010-06-20
Category : Business & Economics
ISBN : 1400837014
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.
Author : Mark J. Roe
Publisher : Oxford University Press, USA
Page : 260 pages
File Size : 49,65 MB
Release : 2003
Category : Business & Economics
ISBN : 9780199205301
In a painstaking analysis, Roe (law, Harvard Law School) examines the impact of a nation's strong social policies on the corporate governance, suggesting that stronger social policies can cause an American style of diffuse ownership among shareholders to fail. The link between social policies and corporate governance is examined statistically for a large number of countries, and in case studies for seven: Italy, Germany, Sweden, the UK, France, Japan, and the US. Product markets, securities markets, and the ability of corporate and economic structures to induce a political backlash are discussed. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).