Comparative Corporate Governance: A Functional and International Analysis

by Andreas M. Fleckner, Klaus J. Hopt

Overview

The business corporation is one of the greatest organizational inventions, but it creates risks both for shareholders and for third parties. To mitigate these risks, legislators, judges, and corporate lawyers have tried to learn from foreign experiences and adapt their regulatory regimes to them. In the last three decades, this approach has led to a stream of corporate and capital market law reforms unseen before. Corporate governance, the system by which companies are directed and controlled, is today a key topic for legislation, practice, and academia all over the world. Corporate scandals and financial crises have repeatedly highlighted the need to better understand the economic, social, political, and legal determinants of corporate governance in individual countries. Comparative Corporate Governance furthers this goal by bringing together current scholarship in law and economics with the expertise of local corporate governance specialists from twenty-three countries.

Product Details

ISBN-13:	9781107025110
Publisher:	Cambridge University Press
Publication date:	07/11/2013
Series:	International Corporate Law and Financial Market Regulation
Edition description:	New Edition
Pages:	1176
Product dimensions:	6.00(w) x 9.10(h) x 2.40(d)

About the Author

Andreas M. Fleckner is a Senior Research Fellow at the Max Planck Institute for Comparative and International Private Law, Hamburg, Germany.

Klaus J. Hopt is a Professor of Law and Director (Emeritus) of the Max Planck Institute for Comparative and International Private Law, Hamburg, Germany.

Table of Contents

Part I. General Report: Comparative Corporate Governance: The State of the Art and International Regulation; Part II. National Reports: 1. Australia and Asia; 2. Europe; 3. The Americas; Part III. Annex: Questionnaire.