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

by Mitsuhiro Fukao

Overview

"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

"

Product Details

ISBN-13:	9780815729877
Publisher:	Rowman & Littlefield Publishers, Inc.
Publication date:	04/01/1995
Series:	Integrating National Economies Series
Edition description:	New Edition
Pages:	168
Product dimensions:	5.99(w) x 8.96(h) x 0.41(d)

About the Author

"Mitsuhiro Fukao is senior economist and dvision head of the Research and Statistics Department of the Bank of Japan. Previously, he was a senior economist for the Organization for Economic Cooperation and Development."

Editorial Reviews

Fukao (Research and Statistics Dept., Bank of Japan), in his argument against the adoption of a single system of corporate governance, compares corporate governance structures in France, Germany, Japan, the UK, and the US and outlines the advantages and behavioral differences among them. He explains the importance of stakeholders, the cost of capital, and the use of labor in each country, and recommends that countries allow complementary forms of governance. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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