Political power and corporate control : the new global politics of corporate governance / Peter Alexis Gourevitch and James J. Shinn.
2005
HD2741 .G677 2005 (Map It)
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Details
Author
Title
Political power and corporate control : the new global politics of corporate governance / Peter Alexis Gourevitch and James J. Shinn.
Published
Princeton : Princeton University Press, [2005]
Printed
2007.
Copyright
©2005
Call Number
HD2741 .G677 2005
Spine Title
Political power & corporate control
ISBN
0691122911 (alk. paper)
9780691122915 (alk. paper)
9780691133812
0691133816
9780691122915 (alk. paper)
9780691133812
0691133816
Description
xvii, 344 pages : illustrations ; 24 cm
System Control No.
(OCoLC)57207605
Summary
"Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance."--Publisher's description.
Note
Includes statistical evidence from a sample of 39 countries, with detailed narratives of nine specific country cases.
Bibliography, etc. Note
Includes bibliographical references (pages 313-332) and index.
Record Appears in
Portion of Title
Global politics of corporate governance
Added Author
Table of Contents
Ch. 1
Introduction and summary argument
1
Ch. 2
Governance patterns : what causes what?
15
Ch. 3
Framing incentives : the economics and law tradition
27
Ch. 4
Politics : preferences and institutions
57
Ch. 5
Preference cleavages 1 : class conflict
95
Ch. 6
Preference cleavages 2 : sectoral conflict
149
Ch. 7
Preference cleavages 3 : transparency, voice, and pensions
205
Ch. 8
Conclusion : going forward
277