Share

Ownership and Control

Download Ownership and Control PDF Online Free

Author :
Release : 2011-02-01
Genre : Business & Economics
Kind : eBook
Book Rating : 105/5 ( reviews)

GET EBOOK


Book Synopsis Ownership and Control by : Margaret M. Blair

Download or read book Ownership and Control written by Margaret M. Blair. This book was released on 2011-02-01. Available in PDF, EPUB and Kindle. Book excerpt: Who should be allowed to call the shots in the boardrooms of U. S. Corporations? And what difference does it make for their growth and profitability? In the last decade, these issues have moved to the center of policy debates about the time horizons and competitiveness of U.S. companies. This book is an indispensable guide through the historical, legal, and institutional background for these corporate governance debates. It explains three broad views on the relationship among the governance, performance, and competitiveness of corporations, and examines the intellectual history, politics, and empirical evidence behind each argument. It also considers the effect that two trends will have on corporate governance: the growth and power of public employees' pension funds and the increase in the economic activity that comes from specialized services and customized production. Blair asserts that companies need to experiment with different governance arrangements, such as choosing directors to represent particular constituencies, or making more radical arrangements like leveraged buyouts or worker-owned companies. Public policy should encourage, or at least not impede, such experimentation.

Rethinking Corporate Governance

Download Rethinking Corporate Governance PDF Online Free

Author :
Release : 2013-01-17
Genre : Law
Kind : eBook
Book Rating : 413/5 ( reviews)

GET EBOOK


Book Synopsis Rethinking Corporate Governance by : Alessio Pacces

Download or read book Rethinking Corporate Governance written by Alessio Pacces. This book was released on 2013-01-17. Available in PDF, EPUB and Kindle. Book excerpt: The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspective by showing that investor protection is a necessary, but not sufficient, legal condition for the efficient separation of ownership and control. Supporting the control powers of managers or controlling shareholders is as important as protecting investors from the abuse of these powers. Rethinking Corporate Governance reappraises the existing framework for the economic analysis of corporate law based on three categories of private benefits of control. Some of these benefits are not necessarily bad for corporate governance. The areas of law mainly affecting private benefits of control – including the distribution of corporate powers, self-dealing, and takeover regulation – are analyzed in five jurisdictions, namely the US, the UK, Italy, Sweden, and the Netherlands. Not only does this approach to corporate law explain separation of ownership and control better than just investor protection; it also suggests that the law can improve the efficiency of corporate governance by allowing non-controlling shareholders to be less powerful.

The Constitutional Corporation

Download The Constitutional Corporation PDF Online Free

Author :
Release : 2016-03-23
Genre : Law
Kind : eBook
Book Rating : 383/5 ( reviews)

GET EBOOK


Book Synopsis The Constitutional Corporation by : Stephen Bottomley

Download or read book The Constitutional Corporation written by Stephen Bottomley. This book was released on 2016-03-23. Available in PDF, EPUB and Kindle. Book excerpt: Corporate laws are based on the idea that the interests of shareholders should be the primary concern of company directors. However, some argue that the proper role for shareholders is to sit back and let the corporation's managers do their job, or that the pursuit of shareholders' interests detracts from the concerns of employees or victims of corporate wrongdoing or other stakeholders. Stephen Bottomley argues that instead of consigning shareholders to this passive role, they should be given opportunities to be active members of corporations. Corporations are constitutional arrangements rather than mere contractual agreements. They are decision-making organizations in which questions of process and structure are important. Thus, instead of using economic criteria such as efficiency as the sole measure for deciding what constitutes 'good' corporate governance, this book examines whether ideas of accountability, deliberation and contestability provide a valuable framework for assessing corporate structures and process and for encouraging greater shareholder participation.

Rethinking Corporate Governance

Download Rethinking Corporate Governance PDF Online Free

Author :
Release : 2014
Genre :
Kind : eBook
Book Rating : 868/5 ( reviews)

GET EBOOK


Book Synopsis Rethinking Corporate Governance by :

Download or read book Rethinking Corporate Governance written by . This book was released on 2014. Available in PDF, EPUB and Kindle. Book excerpt:

Rethinking Corporate Governance

Download Rethinking Corporate Governance PDF Online Free

Author :
Release : 2016-05-27
Genre : Business & Economics
Kind : eBook
Book Rating : 438/5 ( reviews)

GET EBOOK


Book Synopsis Rethinking Corporate Governance by : Sven-Erik Sjöstrand

Download or read book Rethinking Corporate Governance written by Sven-Erik Sjöstrand. This book was released on 2016-05-27. Available in PDF, EPUB and Kindle. Book excerpt: Rethinking Corporate Governance's extensive and insightful empirical investigation offers a radically new approach to corporate governance. This ground-breaking volume describes and analyzes the key nature-based and actor-based forces that ultimately determine corporate governance processes and long-term corporate paths. Generally, such forces work in complex and intricate interplays that to a large extent vary among corporations. A theory of shareholder governance is developed and integrated into the established - and more comprehensive - theory of corporate governance to create a revised theory of the corporation (firm). The new possibilities that this creates for explaining how processes develop and ultimately influence corporate paths are presented in-depth. Featuring conclusions based on an empirical material that is both rich and exclusive, the book also contains extensive non-anonymized materials from authentic corporate governance processes. A general conclusion is that actions taken by individuals have a special status among those forces, as they not only generate impact in themselves, but also involve interpretations of the possible effects of all the other forces.Among those actions, the ones taken by the shareholders stand out as particularly decisive both for the governance processes as such and for how corporations develop over time. Offering a degree of openness, detail and realism that is hard to find in any other case-based study this innovative and enlightening volume is essential for both academics and practitioners involved in corporate governance, corporate strategy and the theory of the firm.

You may also like...