Political Determinants of Corporate Governance: Political Context, Corporate Impact

Political Determinants of Corporate Governance: Political Context, Corporate Impact
ISBN-10
0199205302
ISBN-13
9780199205301
Category
Business & Economics
Pages
231
Language
English
Published
2006
Publisher
Oxford University Press on Demand
Author
Mark J. Roe

Description

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).

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