Corporate Governance Lesson From Transition Economy Reforms

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Fox, Merritt

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ISBN:9780691125619
Editorial: Princeton University Press
Fecha de la edición:2006
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Nº Pág.:408
Idiomas:Ingles

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/ Economía de la Empresa

This volume focuses, for the first time, on the reverse concern: what, if anything, do the reform experiences of transition countries teach about corporate governance theory more generally? To investigate this question, Merritt Fox and Michael Heller have assembled a stellar group of corporate governance theorists. The answers are startling.

The principal essays approach the problem from three complementary perspectives that form the organizing themes of the book. The first part refines core corporate theory terms. The second presents important empirical work that explores the channels through which "good corporate governance" may link to the real economy. The final part links corporate governance theory to practical reforms. After fifteen years of experience, practice can now inform theory.

Together, these essays present a comprehensive new view on a provocative theme. Written in an accessible style, they will be of interest to a broad range of scholars, commentators, and policymakers.

Introduction vii
Part I: Framework
Part II: The Elements of Good Corporate Governance: Law Part III: The Elements of Good Corporate Governance: Owners and Managers
Part IV: The Elements of Good Corporate Governance: Stock Markets Part V: What Does Transition Contribute to Theory?
List of Contributors 405
Index 407