Capital Markets and Corporate Governance

ISBN-13: 9780198287889 / Angielski / Twarda / 1994 / 360 str.

Nicholas Dimsdale; Martha Prevezer;Dimsdale

Opis

The debate over corporate governance, or how companies are controlled, has flourished vigorously for several years in the U.S. and has now spread to the U.K. This book collects papers by leading academics, bankers, and consultants which discuss major issues in corporate governance in the U.K., Germany, and Japan. It examines the role of shareholders, company boards, and managers under a market-based system as exists in the U.K. and the U.S. in comparison with the insider system found in Japan and, to a lesser extent, Germany. The issue of the effectiveness of the British system and how it might be made more efficient through increasing the accountability of company boards to shareholders, both directly and via the capital market, is extensively discussed.

Recenzje

The collection will help to clarify the issues and provide business and financial historians with interesting hypotheses to examine in earlier periods ... There are ... enough papers of interest for the volume to be of value to business historians.