The mergers boom of the 1980s climaxed in a spate of corporate scandals, from Boesky to BCCI. Discussion of the relationship between the strategies and structures of firms and the constraints and disciplines of financial markets has shifted to the need for corporate accountability and improved regulation. Addressing the new agenda of the 1990s, this book offers a sustained attempt to transcend the dominant approaches which treat the internal structures and external relations of the firm as a series of contracts, the efficiency of which can be evaluated by market-based criteria. The...
The mergers boom of the 1980s climaxed in a spate of corporate scandals, from Boesky to BCCI. Discussion of the relationship between the strategies an...
This timely book points the way towards a new positive regulatory framework for international investment following the failure of the Multilateral Agreement on Investment (MAI). It examines the flaws in free-market strategies underpinning the recent phase of globalization, in particular drawing out the lessons from the MAI, which was suspended in October 1998. The authors explore an alternative based on a positive regulatory framework for international business aimed at maximizing the positive contribution to development of foreign investment and minimizing its negative social and...
This timely book points the way towards a new positive regulatory framework for international investment following the failure of the Multilateral Agr...
In this prestigious edited collection, an international group of leading contributors to the law of regulation take stock of the erosion of belief in centralised planning and command and control regulation which has accompanied the collapse of communism. They explore the new directions in regulatory theory which must now be pursued.
In this prestigious edited collection, an international group of leading contributors to the law of regulation take stock of the erosion of belief in ...