Comparative Corporate Governance

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  • Comparative Corporate Governance Book Detail

  • Author : Andreas M. Fleckner
  • Release Date : 2013-07-11
  • Publisher : Cambridge University Press
  • Genre : Law
  • Pages : 1252
  • ISBN 13 : 1107355117
  • File Size : 28,28 MB

Comparative Corporate Governance by Andreas M. Fleckner PDF Summary

Book Description: The business corporation is one of the greatest organizational inventions, but it creates risks both for shareholders and for third parties. To mitigate these risks, legislators, judges, and corporate lawyers have tried to learn from foreign experiences and adapt their regulatory regimes to them. In the last three decades, this approach has led to a stream of corporate and capital market law reforms unseen before. Corporate governance, the system by which companies are directed and controlled, is today a key topic for legislation, practice, and academia all over the world. Corporate scandals and financial crises have repeatedly highlighted the need to better understand the economic, social, political, and legal determinants of corporate governance in individual countries. Comparative Corporate Governance furthers this goal by bringing together current scholarship in law and economics with the expertise of local corporate governance specialists from twenty-three countries.

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"This book goes back to a symposium held at the Max Planck Institute for Foreign Private and Private International Law in Hamburg on May 15-17 1997"--P. [v].

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