A history of corporate governance around the world : family business groups to professional managers / edited by Randall K. Morck.

Format:

Book

Contributor:

Morck, Randall.

Series:

National Bureau of Economic Research conference report.

National Bureau of Economic Research conference report

Language:

English

Subjects (All):

Corporate governance--History.

Corporate governance.

Physical Description:

1 online resource (700 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, c2005.

Language Note:

English

Summary:

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries-including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.

Contents:

Front matter

Contents

Preface

The Global History of Corporate Governance: An Introduction

1. The Rise and Fall of the Widely Held Firm: A History of Corporate Ownership in Canada

2. The History of Corporate Ownership in China: State Patronage, Company Legislation, and the Issue of Control

3. Corporate Ownership in France: The Importance of History

4. The History of Corporate Ownership and Control in Germany

5. The Evolution of Concentrated Ownership in India: Broad Patterns and a History of the Indian Software Industry

6. The History of Corporate Ownership in Italy

7. A Frog in a Well Knows Nothing of the Ocean: A History of Corporate Ownership in Japan

8. Financing and Control in The Netherlands: A Historical Perspective

9. The History and Politics of Corporate Ownership in Sweden

10. Spending Less Time with the Family: The Decline of Family Ownership in the United Kingdom

11. Why Has There Been So Little Block Holding in America?

Contributors

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliographical references and indexes.

Description based on publisher supplied metadata and other sources.

ISBN:

9786611125936

9780226536811

0226536815

9781281125934

1281125938

9780226536835

0226536831

OCLC:

476227177