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Political determinants of corporate governance : political context, corporate impact / Mark J. Roe.

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LIBRA HD2741 .R64 2003
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Format:
Book
Author/Creator:
Roe, Mark J., 1951-
Contributor:
Alumni and Friends Memorial Book Fund.
Language:
English
Subjects (All):
Corporate governance--Case studies.
Corporate governance.
Business and politics--Case studies.
Business and politics.
Corporate governance--Law and legislation.
Genre:
Case studies.
Physical Description:
x, 231 pages ; 25 cm
Place of Publication:
Oxford ; New York : Oxford University Press, 2003.
Summary:
The political and social predicates that make the large firm possible and that shape its form are not always taken into account, despite the fact that variation in the political and social environment can deeply affect which firms, which ownership structures, and which governance arrangements survive and prosper. Focussing on the US, the larger nations in continental Europe, and Japan, Mark Roe uses statistical and qualitative analyses to explore the relationship between politics, history, and business organization.
Contents:
Political conflict and the corporation. Peace as predicate
The wealthy west's differing corporate governance structures
A general theory. Social conflict and the institutions of corporate governance. Social democracies and agency costs: raising the stakes
Reducing shareholders' power to control managers. Left-right politics and ownership seperation: data. Data and confirmation. Nation by nation. France
Germany
Italy
Japan
Sweden
United Kingdom
United States
Extending the sample?. The direction of causality. Alternative formulations of the thesis
Backlash
Contract as metaphor
Rents
Rents and politics
Rents and ownership concentration
Political change in continental Europe
Alternative formulations: data. Corporate law's limits. Corporate law as the foundation for securities markets: the theory
Its limits: theory
Its limits: data
The quality of corporate law and its limits. Unifying two political theories. Populism and socialism in corporate governance.
Notes:
Includes bibliographical references (pages [207]-219) and index.
Local Notes:
Acquired for the Penn Libraries with assistance from the Alumni and Friends Memorial Book Fund.
ISBN:
0199240744
9780199240746
OCLC:
50339330

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