Delivery: Can be download immediately after purchasing. For new customer, we need process for verification from 30 mins to 12 hours.
Version: PDF/EPUB. If you need EPUB and MOBI Version, please send contact us.
Compatible Devices: Can be read on any devices.
The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspective by showing that investor protection is a necessary, but not sufficient, legal condition for the efficient separation of ownership and control. Supporting the control powers of managers or controlling shareholders is as important as protecting investors from the abuse of these powers. Rethinking Corporate Governance reappraises the existing framework for the economic analysis of corporate law based on three categories of private benefits of control. Some of these benefits are not necessarily bad for corporate governance. The areas of law mainly affecting private benefits of control – including the distribution of corporate powers, self-dealing, and takeover regulation – are analyzed in five jurisdictions, namely the US, the UK, Italy, Sweden, and the Netherlands. Not only does this approach to corporate law explain separation of ownership and control better than just investor protection; it also suggests that the law can improve the efficiency of corporate governance by allowing non-controlling shareholders to be less powerful.
This is a digital product.
Additional ISBNs
9780415565196, 9780203072424, 9781135099374, 9781135099428, 9781283972864
Rethinking Corporate Governance: The Law and Economics of Control Powers 1st Edition is written by Alessio Pacces and published by Routledge. The Digital and eTextbook ISBNs for Rethinking Corporate Governance are 9781135099411, 1135099413 and the print ISBNs are 9781138191259, 1138191256. Additional ISBNs for this eTextbook include 9780415565196, 9780203072424, 9781135099374, 9781135099428, 9781283972864.
Reviews
There are no reviews yet.