The Governance Charter

The Governance Charter
Author: Sara Cullen
Publisher: outsourcingtoolset
Total Pages: 56
Release: 2006
Genre: Business & Economics
ISBN: 0975739492

Asymmetric Information and the Choice of Corporate Governance Arrangements

Asymmetric Information and the Choice of Corporate Governance Arrangements
Author: Lucian A. Bebchuk
Publisher:
Total Pages: 33
Release: 2009
Genre:
ISBN:

This paper analyzes how asymmetric information affects which corporate governance arrangements firms choose when they go public. It is shown that such asymmetry might lead firms to adopting - through the design of securities and corporate charters - corporate governance arrangements that are known to be inefficient both by public investors and by those taking firms public. When assets with higher value produce opportunities for higher private benefits of control, asymmetric information about the asset value of firms going public will lead some or all such firms to offer a sub-optimal level of investor protection. The results can help explain why charter provisions cannot be relied on to provide optimal investor protection in countries with poor investor protection, why companies going public in the US commonly include substantial antitakeover provisions in their charters, and why companies rarely restrict self-dealing or the taking of corporate opportunities more than is done by the corporate laws of their country. The analysis also identifies a potentially beneficial role that mandatory legal rules might play in the corporate area.

The Oxford Handbook of Corporate Law and Governance

The Oxford Handbook of Corporate Law and Governance
Author: Jeffrey N. Gordon
Publisher: Oxford University Press
Total Pages: 900
Release: 2018-04-26
Genre: Law
ISBN: 0191061409

Corporate law and corporate governance have been at the forefront of regulatory activities across the world for several decades now, and are subject to increasing public attention following the Global Financial Crisis of 2008. The Oxford Handbook of Corporate Law and Governance provides the global framework necessary to understand the aims and methods of legal research in this field. Written by leading scholars from around the world, the Handbook contains a rich variety of chapters that provide a comparative and functional overview of corporate governance. It opens with the central theoretical approaches and methodologies in corporate law scholarship in Part I, before examining core substantive topics in corporate law, including shareholder rights, takeovers and restructuring, and minority rights in Part II. Part III focuses on new challenges in the field, including conflicts between Western and Asian corporate governance environments, the rise of foreign ownership, and emerging markets. Enforcement issues are covered in Part IV, and Part V takes a broader approach, examining those areas of law and finance that are interwoven with corporate governance, including insolvency, taxation, and securities law as well as financial regulation. The Handbook is a comprehensive, interdisciplinary resource placing corporate law and governance in its wider context, and is essential reading for scholars, practitioners, and policymakers in the field.

Collaborative Governance

Collaborative Governance
Author: John D. Donahue
Publisher: Princeton University Press
Total Pages: 320
Release: 2012-08-26
Genre: Business & Economics
ISBN: 0691156301

How government can forge dynamic public-private partnerships All too often government lacks the skill, the will, and the wallet to meet its missions. Schools fall short of the mark while roads and bridges fall into disrepair. Health care costs too much and delivers too little. Budgets bleed red ink as the cost of services citizens want outstrips the taxes they are willing to pay. Collaborative Governance is the first book to offer solutions by demonstrating how government at every level can engage the private sector to overcome seemingly insurmountable problems and achieve public goals more effectively. John Donahue and Richard Zeckhauser show how the public sector can harness private expertise to bolster productivity, capture information, and augment resources. The authors explain how private engagement in public missions—rightly structured and skillfully managed—is not so much an alternative to government as the way smart government ought to operate. The key is to carefully and strategically grant discretion to private entities, whether for-profit or nonprofit, in ways that simultaneously motivate and empower them to create public value. Drawing on a host of real-world examples-including charter schools, job training, and the resurrection of New York's Central Park—they show how, when, and why collaboration works, and also under what circumstances it doesn't. Collaborative Governance reveals how the collaborative approach can be used to tap the resourcefulness and entrepreneurship of the private sector, and improvise fresh, flexible solutions to today's most pressing public challenges.

The Alpine Convention and New Modes of Governance

The Alpine Convention and New Modes of Governance
Author: Johannes Buhl
Publisher: GRIN Verlag
Total Pages: 21
Release: 2011-06-22
Genre: Science
ISBN: 3640942655

Studienarbeit aus dem Jahr 2009 im Fachbereich Politik - Klima- und Umweltpolitik, Note: 1,0, Otto-Friedrich-Universität Bamberg (Marie Curie Chair in Public Policies), Veranstaltung: New Modes of Governance, Sprache: Deutsch, Abstract: The concept of Governance has recently become one of the most popular in contemporary political science and at the same time it is as highly debated as desired to become a useful mode of problem-solving. The aim of this paper is not to contribute to the theoretical discourse about Governance in first case, but to have a closer look on the applicability of Governance by trying to give evidential support. In other words: This paper is trying to contribute deductively to the Governance approach by examining an empirical case in order to derive theoretical implications. The following will have a closer look on the Alps as a European region to examine a particular arrangement – the Alpine Convention. What is it? How is it realized and who is involved? What kind of arrangement is it in detail? Is it an empirical case of a Governance arrangement and if so, which implications may be derived for theoretical contribution? Therefore the Alpine Convention in connection with the Alpine Towns of the Year Association will be presented as an appropriate arrangement of multi-level Governance. Hence, the main goal of this paper is to discuss to what extent this project can be considered as a Governance arrangement and what implications emerge from its argumentation for the Governance concept as a whole. The core hypothesis of the following is that this arrangement can be regarded as a Governance arrangement and that it provides certain proposals to its practical applicability. To do so, it is first and foremost needed to display the mentioned project which serves as an evidence for applied Governance arrangements in the European hemisphere. In addition, it is necessary to explain what this paper understands Governance to be like in the universe of different perceptions of the term Governance. On this basis, it becomes possible to have a closer look on the relationship between the concept Governance and the Alpine Convention as a project in order to define it more precisely within the theoretical borders of Governance arrangements. The paper ́s argumentation is generally based on Mayntz ́s and Schmitter ́s theoretical approach. After New Modes of Governance as a problem-solving mode, its actors involved and mechanisms observed in Governance arrangements are explained, Governance under the shadow of hierarchy and Governance under the concept of a charter as theoretical implications will be derived.

Education Governance for the Twenty-first Century

Education Governance for the Twenty-first Century
Author: Paul Manna
Publisher: Brookings Institution Press
Total Pages: 434
Release: 2013
Genre: Education
ISBN: 0815723946

"A Brookings Institution Press with the Thomas B. Fordham Institute and the Center for American Progress publication America's fragmented, decentralized, politicized, and bureaucratic system of education governance is a major impediment to school reform. In this important new book, a number of leading education scholars, analysts, and practitioners show that understanding the impact of specific policy changes in areas such as standards, testing, teachers, or school choice requires careful analysis of the broader governing arrangements that influence their content, implementation, and impact. Education Governance for the Twenty-First Century comprehensively assesses the strengths and weaknesses of what remains of the old in education governance, scrutinizes how traditional governance forms are changing, and suggests how governing arrangements might be further altered to produce better educational outcomes for children. Paul Manna, Patrick McGuinn, and their colleagues provide the analysis and alternatives that will inform attempts to adapt nineteenth and twentieth century governance structures to the new demands and opportunities of today. Contents: Education Governance in America: Who Leads When Everyone Is in Charge?, Patrick McGuinn and Paul Manna The Failures of U.S. Education Governance Today, Chester E. Finn Jr. and Michael J. Petrilli How Current Education Governance Distorts Financial Decisionmaking, Marguerite Roza Governance Challenges to Innovators within the System, Michelle R. Davis Governance Challenges to Innovators outside the System, Steven F. Wilson Rethinking District Governance, Frederick M. Hess and Olivia M. Meeks Interstate Governance of Standards and Testing, Kathryn A. McDermott Education Governance in Performance-Based Federalism, Kenneth K. Wong The Rise of Education Executives in the White House, State House, and Mayor's Office, Jeffrey R. Henig English Perspectives on Education Governance and Delivery, Michael Barber Education Governance in Canada and the United States, Sandra Vergari Education Governance in Comparative Perspective, Michael Mintrom and Richard Walley Governance Lessons from the Health Care and Environment Sectors, Barry G. Rabe Toward a Coherent and Fair Funding System, Cynthia G. Brown Picturing a Different Governance Structure for Public Education, Paul T. Hill From Theory to Results in Governance Reform, Kenneth J. Meier The Tall Task of Education Governance Reform, Paul Manna and Patrick McGuinn"