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...
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 t...
Why do firms in high-technology industries cluster at particular locations? Comparing the clustering process in the UK and the US in both computing and biotechnology, the contributors to this volume establish that new firms have been attracted to particular sites by the presence of opportunities not taken up by incumbent firms.
Why do firms in high-technology industries cluster at particular locations? Comparing the clustering process in the UK and the US in both computing an...
Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constrains the latter's growth. However, the picture is far messier than this explanation suggests.
Building on the varieties of capitalism framework, this book brings together the tools of institutional economics with historical analyses of institutional evolution of different kinds of property rights and legal systems, protected by different kinds of state, giving rise to distinct corporate governance structures. It constructs institutional...
Economics tends to teach that developed countries have good institutions while developing countries do not, and that this is the factor that constr...
