Boards and shareholders in European listed companies : facts, context and post-crisis reforms : a research project sponsored by Emittenti Titoli S.p.A. / edited by Massimo Belcredi and Guido Ferrarini.

Format:

Book

Contributor:

Belcredi, Massimo, editor.

Ferrarini, Guido, editor.

Emittenti Titoli S.p.A., sponsoring body.

Series:

International corporate law and financial market regulation

Language:

English

Subjects (All):

Corporate governance--Law and legislation--Europe.

Corporate governance.

Directors of corporations--Legal status, laws, etc--Europe.

Directors of corporations.

Stockholders--Legal status, laws, etc--Europe.

Stockholders.

Stockholders--Legal status, laws, etc.

Directors of corporations--Legal status, laws, etc.

Corporate governance--Law and legislation.

Europe.

Physical Description:

1 online resource (xiv, 437 pages) : digital, PDF file(s).

Other Title:

Boards & Shareholders in European Listed Companies

Place of Publication:

Cambridge : Cambridge University Press, 2013.

System Details:

text file

PDF

Summary:

With contributions by distinguished scholars from legal and financial backgrounds, this collection of essays analyses four main topics in the corporate governance of European listed firms: (i) board structure, composition and functioning and their interaction with ownership structure; (ii) board remuneration; (iii) shareholder activism and (iv) corporate governance disclosure based on the 'comply or explain' approach. The authors provide new comparative evidence and analyse its implications for the policy debate. They challenge the conventional wisdom that corporate governance in European firms was systematically dysfunctional. While proposals aimed at increasing disclosure and accountability are usually well-grounded, caution is suggested when bringing forward regulatory changes with respect to proposals targeting specific governance arrangements, especially in the fields of board composition and shareholder activism. They argue that the 'comply or explain' principle should be retained and further efforts should be exercised to enhance disclosure.

Contents:

Corporate boards, incentive pay and shareholder activism in Europe : main issues and policy perspectives / Massimo Belcredi and Guido Ferrarini

European corporate governance codes and their effectiveness / Eddy Wymeersch

Restructuring in family firms : a tale of the two crises / Christian Andres, Lorenzo Caprio and Ettore Croci

Corporate boards in Europe : size, independence and gender diversity / Daniel Ferreira and Tom Kirchmaier

Board on task : developing a comprehensive understanding of the performance of boards / Jaap Winter and Erik van de Loo

Directors' remuneration before and after the crisis : measuring the impact of reforms in Europe / Roberto Barontini, Stefano Bozzi, Guido Ferrarini and Maria-Cristina Ungureanu

Shareholder engagement at European general meetings / Luc Renneboog and Peter Szilagyi

Board elections and shareholder activism : the Italian experiment / Massimo Belcredi, Stefano Bozzi and Carmine Di Noia.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Other Format:

Print version:

ISBN:

9781139629126

Access Restriction:

Restricted for use by site license.