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About this book
Markus Berndt explains the observable differences by elaborating on the influence of network effects on corporate governance systems. He develops a coherent theoretical framework pulling together existing agency theories and providing new theoretical foundations wherever there is a gap. The presented theory gives answers to the following questions: How does the insider system of corporate governance function despite its inefficiencies? Why do we not see any significant convergence of ownership structures and regulations? What are the legislative requirements in the different systems? How does globalization affect the effectiveness of the institutional arrangements? Which system should be chosen by developing countries?
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Table of contents (10 chapters)
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Bibliographic Information
Book Title: Global Differences in Corporate Governance Systems
Book Subtitle: Theory and Implications for Reforms
Authors: Markus Berndt
Series Title: Ökonomische Analyse des Rechts
DOI: https://doi.org/10.1007/978-3-322-81431-9
Publisher: Deutscher Universitätsverlag Wiesbaden
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eBook Packages: Springer Book Archive
Copyright Information: Deutscher Universitäts-Verlag GmbH, Wiesbaden 2002
Softcover ISBN: 978-3-8244-7694-7Published: 30 August 2002
eBook ISBN: 978-3-322-81431-9Published: 17 April 2013
Edition Number: 1
Number of Pages: XVIII, 143
Number of Illustrations: 8 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Business Strategy/Leadership, Law and Economics