1.

Record Nr.

UNINA9910808032703321

Autore

Pacces Alessio M.

Titolo

Rethinking corporate governance : the law and economics of control powers / / Alessio M. Pacces

Pubbl/distr/stampa

Abingdon, Oxon ; ; New York, N.Y. : , : Routledge, , 2012

ISBN

1-135-09941-3

1-283-97286-7

0-203-07242-1

1-135-09942-1

Descrizione fisica

1 online resource (491 p.)

Collana

Routledge research in corporate law

Disciplina

346/.0662

Soggetti

Corporate governance - Law and legislation

Corporate governance

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

Corporate governance : theory and evidence -- Private benefits of control -- The law and economics of control powers : a theoretical framework -- Legal distribution of corporate powers -- . how to cope with self-dealing -- Regulation of related-party transactions : a comparative analysis -- Takeovers: law and economics -- Comparative takeover law.

Sommario/riassunto

The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspective by showing that investor protection is a necessary, but not sufficient, legal condition for the efficient separation of ownership and control. Supporting the control powers of managers or controlling shareholders is as important as protecting investors from the abuse of these powers. Rethinking Corporate Governance