A history of corporate governance around the world : family business groups to professional managers

Bibliographic Information

A history of corporate governance around the world : family business groups to professional managers

edited by Randall K. Morck

(A National Bureau of Economic Research conference report)

University of Chicago Press, 2005

Available at  / 43 libraries

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Note

Includes bibliographical references and indexes

Contents of Works

  • The global history of corporate governance : an introduction / Randall K. Morck and Lloyd Steier
  • The rise and fall of the widely held firm : a history of corporate ownership in Canada / Randall K. Morck ... [et al.]
  • The history of corporate ownership in China : state patronage, company legislation, and the issue of control / William Goetzmann and Elisabeth Köll
  • Corporate ownership in France : the importance of history / Antoin E. Murphy
  • The history of corporate ownership and control in Germany / Caroline Fohlin
  • The evolution of concentrated ownership in India : broad patterns and a history of the Indian software industry / Tarun Khanna and Krishna G. Palepu
  • The history of corporate ownership in Italy / Alexander Aganin and Paolo Volpin
  • A frog in a well knows nothing of the ocean : a history of corporate ownership in Japan / Randall K. Morck and Masao Nakamura
  • Financing and control in the Netherlands : a historical perspective / Abe de Jong and Ailsa Röell
  • The history and politics of corporate ownership in Sweden / Peter Högfeldt
  • Spending less time with the family : the decline of family ownership in the United Kingdom / Julian Franks, Colin Mayer and Stefano Rossi
  • Why has there been so little block holding in America? / Marco Becht and J. Bradford DeLong

Description and Table of Contents

Description

For many Americans, capitalism is a dynamic engine of prosperity that rewards the bold, the daring, and the hardworking. But to many outside the United States, capitalism seems like an initiative that serves only to concentrate power and wealth in the hands of a few hereditary oligarchies. As A History of Corporate Governance around the World shows, neither conception is wrong. In this volume, some of the brightest minds in the field of economics present new empirical research that suggests that each side of the debate has something to offer the other. Free enterprise and well-developed financial systems are proven to produce growth in those countries that have them. But research also suggests that in some other capitalist countries, arrangements truly do concentrate corporate ownership in the hands of a few wealthy families. A History of Corporate Governance around the World provides historical studies of the patterns of corporate governance in several countries - including the large industrial economies of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States; larger developing economies like China and India; and alternative models like those of the Netherlands and Sweden.

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