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.
Weathering the Storm: Associational Governance in Globalizing Era /by William D. Coleman
Living your life pursuing your joy, your bliss and what comes to you from inside, your spirit, your soul, being selfish per say, is doing God's work. And by so doing, this selfish journey is actually your gift to the Universe, ...
This book not only rips back the curtain on the new corporatist agenda, it offers a better way forward. America's elites may want to sort us into demographic boxes, but we don't have to stay there.
Bush , United States District Court for the District of Massachusetts , Hearing Transcript , Feb. 24 , 2003 . 13. 323 F.3d 133 ; 2003 U.S. App . LEXIS 4830 . 14. Laird , 451 F.2d at 31-32 . 15. Here the Doe Court cites Whitman v .
Is this war on terrorism, the main threat to us, or we simply mistaken? Nicholas Hagger considers these events in the context of the history of the past hundred years. His theory is both difficult and controversial
著者原题:李·弗里希勒,伯纳德·罗斯
... larger than Lion City itself, and prouder, as well. Proud and remote. The walled, moated, razor-wired campus lay quiet under the hot dusk sky, divided into four compounds like a gigantic cross carved into the west Texas flatland.
Corporate Citizen? explores this resistance and offers reforms to support these new understandings of the corporation in contemporary society.
In this volume, prominent economists present the pros and cons of government support for national champions.
Following more than a year of political and social unrest in the United States, as well as a tumultuous election season and the storming of the Capitol, the state of Georgia signed a new voting law in March 2021.