The convergence of corporate governance: promise and prospects

More than a decade after Hansmann and Kraakman proclaimed the "end of history" for corporate governance, this book examines in detail whether the world hasindeed moved closer towards the triumph of the shareholder value maximizationmodel of corporate governance. Leading researchers on corporate governance from around the world offer in-depth accounts of industrialized nations such as Japan, Germany, India, Spain, Canada, Singapore, and Korea and identify the factors that lead to convergence and impediments to convergence in each of thesecountries. The book also analyzes how cross-listing, the adoption of governance codes, and the spread of multinationals have facilitated the process of convergence. This volume makes the case that we are neither moving towards "end of history" nor the perpetual acceleration of history, but instead towards hybridization with selective adoption and careful adaptation of governance practices by individual countries. INDICE: List of Tables.List of Figures.Notes on Contributors.Convergence of Corporate Governance: Promise and Prospects; .A.A.Rasheed. & .T.Yoshikawa.Reflections on the End of History for Corporate Law; .H.Hansmann. & .R.Kraakman.Does Convergence in Regulation Lead to Convergence in Practice?The Case of Dissident Proxy Contests in Canada; .K.A.Bates. & .D.A.Hennessy.Corporate Governance in Germany: Converging Towards Shareholder Value-Orientation or Not So Much?; .A.Tuschke. & .M.Luber.Corporate Governance in India: Progress, Problems, and Prospects; .N.Rajagopalan. & .Y.Zhang.Corporate Governance Convergence in Japan; .C.L.Ahmadjian.Transformation of Corporate Governance in Korea; .H.Kim. & .Ji-H.Lee.Converging Divergence in Corporate Governance in Singapore; .L.S.Tsui-Auch.A Decade of Corporate GovernanceReforms in Spain (2000-2010); .R.Garcia-Castro. & .R.V.Aguilera.Globalization and Corporate Governance Convergence: The Multinational Corporations as a Neglected Agent of Convergence;.K.Sikavica. & .T.Yoshikawa.Are Codes Fostering Convergence in Corporate Governance? An Institutional Perspective; .I.Haxhi. & .R.V.Aguilera.Why Do Chinese Firms Cross-list in the United States?; .M.W.Peng. & .D.P.Blevins.

• ISBN: 978-0-230-29746-3
• Editorial: Palgrave Macmillan
• Encuadernacion: Cartoné
• Páginas: 296
• Fecha Publicación: 15/06/2012
• Nº Volúmenes: 1
• Idioma: Desconocido