Promising increased efficiency and superior service, the quasi-government has grown as governmental functions have been delegated to new entities combining characteristics of public- and private-sector organizations. Jonathan Koppell argues that control of public policy is sacrificed when public policy is carried out by such hybrid organizations. Although they may be designed to limit the loss of public control, Koppell suggests that quasi-government should be limited to tasks that are not of critical importance to policy-makers.

This volume deals with issues of widespread interest including, the origins of investor rights in different markets, the political, legal and economic conditions that determine levels of shareholder participation, and the implications of variation in investor rights.