Comparative Corporate Governance
A Functional and International Analysis

A unique analysis which combines current scholarship in law and economics with the expertise of local corporate governance specialists.

Andreas M. Fleckner (Edited by), Klaus J. Hopt (Edited by)

9781107025110, Cambridge University Press

Hardback, published 11 July 2013

1176 pages, 2 b/w illus.
23.5 x 15.7 x 6 cm, 1.56 kg

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.

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.

Subject Areas: Comparative law [LAM], Corporate governance [KJR]