Record Nr.

UNINA9910465476103321

Autore

Barker Roger M

Titolo

Corporate governance, competition, and political parties [[electronic resource] ] : explaining corporate governance change in Europe / / Roger M. Barker

Pubbl/distr/stampa


Oxford ; ; New York, : Oxford University Press, 2010

ISBN

1-282-38367-1

9786612383670

0-19-157356-6

Descrizione fisica

1 online resource (348 p.)

Disciplina

658.42094

Soggetti

Competition - Europe

Corporate governance - Europe

Organizational change - Europe

Stockholders - Europe

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Contents; Preface; List of Figures; List of Tables; List of Abbreviations; 1. Introduction: Political Partisanship and the Puzzle of Corporate Governance Change in Europe; 1.1 Why corporate governance matters?; 1.2 Recent developments in European corporate governance; 1.3 Corporate governance and partisanship; 1.4 Plan of the book; 1.5 Chapter Appendix; 2. A Theory of Partisanship and Corporate Governance Change; 2.1 Change in corporate governance outcomes - between blockholder and shareholder models; 2.2 The nature of economic rents; 2.3 Corporate governance and economic rents

2.4 The argument: interaction of partisanship and product market competition3. Alternative Explanations of Corporate Governance: A Critique of the Literature; 3.1 Economic approaches to corporate governance; 3.2 Legal approaches to corporate governance; 3.3 Political approaches to corporate governance; 3.4 Sociological approaches to corporate governance; 3.5 Corporate governance and nondomestic factors; 4. Measuring Change in Corporate Governance;

4.1 Measures of de facto corporate governance behavior; 4.2 Measures of corporate governance regulation

5. The Measurement of Product Market Competition5.1 Real price levels; 5.2 Concentration indices; 5.3 Profit margins; 5.4 Openness to trade; 5.5 Survey measures of competition; 5.6 OECD indices of product market competition; 6. A Panel Data Analysis of Corporate Governance Change; 6.1 The variables; 6.2 Methodology; 6.3 Findings; 7. Robustness and Dynamic Modeling; 7.1 Tests of robustness; 7.2 Dynamic modeling of corporate governance; 8. Qualitative Analysis: Introduction to the Case Studies; 8.1 Rationale for the case studies; 8.2 Choice of country cases

9. The Case of Germany: From Blockholding to Hybrid Corporate Governance Regime9.1 The corporate governance of Deutschland AG; 9.2 Economic rents and German corporate strategy; 9.3 The politics of corporate governance in Germany; 9.4 Explaining corporate governance change in Germany; 10. The Case of Italy: Everything Changes, Everything Stays the Same; 10.1 The nature of postwar corporate governance in Italy; 10.2 Reform of Italian corporate governance?; 10.3 EMU and the empowerment of the technocrats; 10.4 Corporate governance reform: partisan politics or elite project?

10.5 Conclusion: economic rents and Italian corporate governance11. Conclusions; Bibliography; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; Q; R; S; T; V; W

Sommario/riassunto

The corporate governance systems of continental Europe have traditionally been quite different to those of the liberal market economies (e.g. the US and the UK). Company ownership has been dominated by incumbent blockholders, with a relatively minor role for minority shareholders and institutional investors. Business strategy has focused on the achievement of social stability - taking into account the interests of a broad group stakeholders - rather than the maximisation ofshareholder value. However, since the mid-1990s, European corporations have adopted many of the characteristics of the Ang

Record Nr.

UNINA9910812770403321

Titolo

The Behavior of the Laboratory Rat / / edited by Ian Q Whishaw and Bryan Kolb

Pubbl/distr/stampa


Oxford : , : Oxford University Press, , 2005

ISBN

9780198036845

0198036841