The European Corporation
Ownership and Control after 25 Years of Corporate Governance Reforms

Discusses ownership and control change in Europe in the decades following the 'global corporate governance revolution' in the 1990s.

Klaus Gugler (Edited by), Evgeni Peev (Edited by)

9781009244633, Cambridge University Press

Hardback, published 15 June 2023

250 pages
23.6 x 15.8 x 2.2 cm, 0.6 kg

'As the 21st century got underway, there was much speculation that European corporate governance was being transformed. What has happened in the years since? This volume offers numerous intriguing data-driven insights regarding share ownership patterns.' Brian R. Cheffins, Professor of Corporate Law, University of Cambridge

The product of a long-standing collaboration and recent collective research effort by members of the CGEUI network, The European Corporation makes an important contribution to the ongoing debate over convergence to the Anglo-Saxon model of corporate governance and persistence in corporate governance and law in Europe. This book fills the gap in the debate, and literature's lack of country-specific evidence on the evolution of ownership and control which has proven to be a serious impediment to both legal and economic analysis and evidence-based policymaking. It provides systematic and comparable accounts of ownership and control structure change (respectively persistence) in large firms across Europe over the decades following the 'global corporate governance revolution' in the 1990s. Focusing on countries in Europe's four main regions, this volume presents and discusses the net effects of the interplay between the 'global corporate governance revolution' and of its main countervailing forces in Europe.

1. Introduction Klaus Gugler and Evgeni Peev
Part I. Anglo-Saxon Countries: 2. The United Kingdom Marc Goergen
Part II. Central-European Countries: 3. Austria Klaus Gugler, Evgeni Peev and Martin Winner
4. Germany Evgeni Peev
5. Switzerland Alexander F. Wagner and Christoph Wenk Bernasconi
Part III. Scandinavian Countries: 6. Sweden Johan Eklund and Evgeni Peev
Part IV. Mediterranean Countries: 7. Italy Laura Abrardi and Laura Rondi
8. Bulgaria Evgeni Peev and Todor Yalamov
9. Slovenia Jože P. Damijan, Anamarija Cijan and Jakob Stemberger.

Subject Areas: Public ownership / nationalization [KJVN], Ownership & organization of enterprises [KJV], Corporate governance [KJR], Finance [KFF], Society & social sciences [J]