Comparative Corporate Governance

Comparative Corporate Governance

  • Andreas M. Fleckner
  • Klaus J. Hopt
Publisher:Cambridge University PressISBN 13: 9781107355118ISBN 10: 1107355117

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Comparative Corporate Governance is written by Andreas M. Fleckner and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 1107355117 (ISBN 10) and 9781107355118 (ISBN 13).

The business corporation is one of the greatest organizational inventions, but it creates risks both for shareholders and for third parties. To mitigate these risks, legislators, judges, and corporate lawyers have tried to learn from foreign experiences and adapt their regulatory regimes to them. In the last three decades, this approach has led to a stream of corporate and capital market law reforms unseen before. Corporate governance, the system by which companies are directed and controlled, is today a key topic for legislation, practice, and academia all over the world. Corporate scandals and financial crises have repeatedly highlighted the need to better understand the economic, social, political, and legal determinants of corporate governance in individual countries. Comparative Corporate Governance furthers this goal by bringing together current scholarship in law and economics with the expertise of local corporate governance specialists from twenty-three countries.