Financial Integration, Corporate Governance, and the Performance of Multinational Companies

Financial Integration, Corporate Governance, and the Performance of Multinational Companies
Author: Mitsuhiro Fukao
Publisher: Brookings Institution Press
Total Pages: 168
Release: 2000-07-26
Genre: Business & Economics
ISBN: 0815791437

Cross-country differences in institutions of corporate governance and corporate finance tend to be undermined by the increasing internationalization of financial markets. This book discusses the key issues involved in harmonizing the differences in national systems. A volume of Brookings' Integrating National Economies Series

Corporate Governance, Financial Markets and Global Convergence

Corporate Governance, Financial Markets and Global Convergence
Author: Morten Balling
Publisher: Springer Science & Business Media
Total Pages: 358
Release: 2013-11-11
Genre: Business & Economics
ISBN: 1475726333

for many years been heavily dependent on bank financing, and this situation has not changed fundamentally. In his paper on stock exchange governance in the European Union Guido Ferrarini discusses the relative merits of member and investor ownership and compares stock exchange regulation in a number of EU countries. Faced with increasing competition amongst themselves and against other enterprises that offer transaction services, such as proprietary trading systems, it is essential for European stock exchanges to improve their efficiency and to generate volume. Large investments in new information technology are necessary in order to preserve competitiveness in agIobaI financial market. The implementation of the ISD has accelerated cross-border transaction activity of member firms and investors and strengthened the pressure for convergence of national stock exchange laws in the EU. In their paper, Francesco Giavazzi and Marco Battaglini look at the role played by banks in privatization processes. Banks can be involved in such processes in several ways. They may themselves be the objects of privatization since in many countries a significant fraction of the banking industry is publicly owned. This is the case in France, Spain and Italy. But banks can also be important buyers of the equity of industrial firms sold by the government if they are allowed to do so. The authors characterize privatizations as a very good opportunity to set up the right environment for the development of new financial intermediaries and in general for asound corporate governance system.

Comparative Corporate Governance

Comparative Corporate Governance
Author: Klaus J. Hopt
Publisher: Oxford University Press
Total Pages: 1304
Release: 1998
Genre: Business & Economics
ISBN: 9780198268888

"This book goes back to a symposium held at the Max Planck Institute for Foreign Private and Private International Law in Hamburg on May 15-17 1997"--P. [v].

The SAGE Handbook of Corporate Governance

The SAGE Handbook of Corporate Governance
Author: Thomas Clarke
Publisher: SAGE
Total Pages: 681
Release: 2012-04-16
Genre: Business & Economics
ISBN: 1446263827

The urgent and sustained interest in corporate governance is unprecedented, with the connections between corporate governance and economic performance being emphasized by the World Bank, the IMF and others in the global economic community. In this timely and definitive intellectual analysis of a key discipline, The SAGE Handbook of Corporate Governance offers a critical overview of the key themes, theoretical controversies, current research and emerging concepts that frame the field. Consisting of original substantive chapters by leading international scholars, and examining corporate governance from an inter-disciplinary basis, the text highlights how governance issues are critical to the formation, growth, financing, structural development, and strategic direction of companies and how corporate governance institutions in turn influence the innovation and development of industrial and economic systems globally. Comprehensive, authoritative and presented in a highly-accessible framework, this Handbook is a significant resource to those with an interest in understanding this important emerging field.

Corporate Governance

Corporate Governance
Author: R. I. Tricker
Publisher: Taylor & Francis
Total Pages: 499
Release: 2019-07-15
Genre: Business & Economics
ISBN: 1351751220

This title was first published in 2000: The study of corporate governance is a relatively modern development, with significant attention devoted to the subject only during the last fifty years. The topics covered in this volume include the purpose of the corporation, the board of directors, the role of shareholders, and more contemporary developments like hedge fund activism, the role of sovereign wealth funds, and the development of corporate governance law in what perhaps will become the dominant world economy over the next century, China. The editor has written an introductory essay which briefly describes the intellectual history of the field and analyses the material selected for the volume. The papers which have been selected present what the editor believes to be some of the best and most representative studies of the subjects covered. As a result the volume offers a rounded view of the contemporary state of the some of the dominant issues in corporate governance.

Convergence and Persistence in Corporate Governance

Convergence and Persistence in Corporate Governance
Author: Jeffrey N. Gordon
Publisher: Cambridge University Press
Total Pages: 409
Release: 2004-04-08
Genre: Law
ISBN: 110732050X

Corporate governance is on the reform agenda all over the world. How will global economic integration affect the different systems of corporate ownership and governance? Is the Anglo-American model of shareholder capitalism destined to become the template for a converging global corporate governance standard or will the differences persist? This reader contains classic work from leading scholars addressing this question as well as several new essays. In a sophisticated political economy analysis that is also attuned to the legal framework, the authors bring to bear efficiency arguments, politics, institutional economics, international relations, industrial organization, and property rights. These questions have become even more important in light of the post-Enron corporate governance crisis in the United States and the European Union's repeated efforts at corporate integration. This will become a key text for postgraduates and academics.

Corporate Governance in a Changing Economic and Political Environment

Corporate Governance in a Changing Economic and Political Environment
Author: M. Federowicz
Publisher: Springer
Total Pages: 315
Release: 2003-12-19
Genre: Business & Economics
ISBN: 0230286194

This collection provides exceptional descriptive and analytical insights into changes in corporate governance settings in ten Eastern and Western European countries. It demonstrates that there exist different varieties of capitalisms and paths to transformation of economic institutions. In addition, it offers detailed discussions about national cases as well as the overall European Union effects. This book should be of great interest to scholars and students of comparative national systems, corporate governance and European studies.

Handbook on Responsible Leadership and Governance in Global Business

Handbook on Responsible Leadership and Governance in Global Business
Author: Jonathan P. Doh
Publisher: Edward Elgar Publishing
Total Pages: 429
Release: 2005
Genre: Business & Economics
ISBN: 1845425561

Reading these various non-technical articles is undeniably valuable for any person (teachers, executives, students) who is concerned about the behaviour of major companies managers in the context of globalisation and economy liberalisation. Gestion 2000 A profoundly important book for scholars and leaders alike that makes a vital timely contribution to the behavioral perspectives on leadership and governance. Doh and Stumpf, along with their world-renowned contributors, apply solidly anchored academic wisdom to offer fresh ideas on restoring faith in the integrity of American enterprise. Jeffrey Sonnenfeld, Yale School of Management, President and CEO, Chief Executive Leadership Institute and author of Leadership and Governance From The Inside Out Ethics, social responsibility, leadership, governance. These terms are heard in the classroom, in the boardroom, and viewed on the front page of newspapers and magazines. Yet serious attention to the relationships among these concepts is lacking. Although commitments to leadership, ethics, and social responsibility are evident, individuals and companies are falling short in combining these duties into policies and cultures that guide behavior and decisions. The missing element is a broad-based and integrated approach to responsible leadership and governance. This volume provides the leading thinking on these issues and includes a discussion of emerging areas that require future attention. The contributors leading scholars in the fields of leadership, governance and social responsibility summarize the state of the literature, identify complementary insights and perspectives, discuss areas of conflict and disagreement, and include a provocative and stimulating agenda for further investigation. They point up practical consequences of these perspectives in light of developments that have exposed the shortcomings in practice. Several contributors focus specifically on the challenges faced by global companies in developing and maintaining leadership and governance practices that are responsive to different national institutional and cultural settings. Thorough coverage and insightful discussion make this an essential reference for scholars and students of leadership, corporate responsibility and professional ethics, as well as for all those directly responsible for establishing the ethical codes and practices of their organizations.

Corporate Governance in Asia A Comparative Perspective

Corporate Governance in Asia A Comparative Perspective
Author: OECD
Publisher: OECD Publishing
Total Pages: 447
Release: 2001-08-01
Genre:
ISBN: 9264189300

Poor corporate governance was identified as one of the root causes of the recent Asian financial crisis. The absence of effective disciplines on corporate managers, coupled with complicated and opaque relationships between corporations, their owners ...