Corporate Governance in the Common-Law World

The Political Foundations of Shareholder Power

Nonfiction, Reference & Language, Law, Corporate, Commercial
Cover of the book Corporate Governance in the Common-Law World by Christopher M. Bruner, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christopher M. Bruner ISBN: 9781107357402
Publisher: Cambridge University Press Publication: March 29, 2013
Imprint: Cambridge University Press Language: English
Author: Christopher M. Bruner
ISBN: 9781107357402
Publisher: Cambridge University Press
Publication: March 29, 2013
Imprint: Cambridge University Press
Language: English

The corporate governance systems of Australia, Canada, the United Kingdom and the United States are often characterized as a single 'Anglo-American' system prioritizing shareholders' interests over those of other corporate stakeholders. Such generalizations, however, obscure substantial differences across the common-law world. Contrary to popular belief, shareholders in the United Kingdom and jurisdictions following its lead are far more powerful and central to the aims of the corporation than are shareholders in the United States. This book presents a new comparative theory to explain this divergence and explores the theory's ramifications for law and public policy. Bruner argues that regulatory structures affecting other stakeholders' interests - notably differing degrees of social welfare protection for employees - have decisively impacted the degree of political opposition to shareholder-centric policies across the common-law world. These dynamics remain powerful forces today, and understanding them will be vital as post-crisis reforms continue to take shape.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The corporate governance systems of Australia, Canada, the United Kingdom and the United States are often characterized as a single 'Anglo-American' system prioritizing shareholders' interests over those of other corporate stakeholders. Such generalizations, however, obscure substantial differences across the common-law world. Contrary to popular belief, shareholders in the United Kingdom and jurisdictions following its lead are far more powerful and central to the aims of the corporation than are shareholders in the United States. This book presents a new comparative theory to explain this divergence and explores the theory's ramifications for law and public policy. Bruner argues that regulatory structures affecting other stakeholders' interests - notably differing degrees of social welfare protection for employees - have decisively impacted the degree of political opposition to shareholder-centric policies across the common-law world. These dynamics remain powerful forces today, and understanding them will be vital as post-crisis reforms continue to take shape.

More books from Cambridge University Press

Cover of the book Rethinking Punishment by Christopher M. Bruner
Cover of the book Practical Bayesian Inference by Christopher M. Bruner
Cover of the book Why Governments and Parties Manipulate Elections by Christopher M. Bruner
Cover of the book Hegel's Phenomenology of Spirit by Christopher M. Bruner
Cover of the book Modern and Postmodern Social Theorizing by Christopher M. Bruner
Cover of the book Manifold Mirrors by Christopher M. Bruner
Cover of the book Core Topics in Neuroanaesthesia and Neurointensive Care by Christopher M. Bruner
Cover of the book The Cambridge Handbook of Meeting Science by Christopher M. Bruner
Cover of the book Handbook of Functional MRI Data Analysis by Christopher M. Bruner
Cover of the book Themistius, Julian, and Greek Political Theory under Rome by Christopher M. Bruner
Cover of the book Mobile Robotics by Christopher M. Bruner
Cover of the book Social Movements and Protest by Christopher M. Bruner
Cover of the book Materiomics by Christopher M. Bruner
Cover of the book Corruption, Asset Recovery, and the Protection of Property in Public International Law by Christopher M. Bruner
Cover of the book Sport and the Military by Christopher M. Bruner
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy