eBook - PDF

Corporate Governance in the Common-Law World

Name: Corporate Governance in the Common-Law World
ISBN: 9781107352407

The Political Foundations of Shareholder Power

Christopher M. Bruner,

English
PDF
Available on iOS & Android

eBook - PDF

Corporate Governance in the Common-Law World

The Political Foundations of Shareholder Power

Christopher M. Bruner,

About this book

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.

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Yes, you can access Corporate Governance in the Common-Law World by Christopher M. Bruner in PDF and/or ePUB format, as well as other popular books in Law & Corporate Law. We have over one million books available in our catalogue for you to explore.