LEADER 02725nam 2200577 450 001 9910463621303321 005 20201016011626.0 010 $a1-4623-4469-0 010 $a1-4527-0468-6 010 $a9786612841309 010 $a1-4518-7037-X 010 $a1-282-84130-0 035 $a(CKB)3170000000055077 035 $a(EBL)1607959 035 $a(SSID)ssj0000944130 035 $a(PQKBManifestationID)11503322 035 $a(PQKBTitleCode)TC0000944130 035 $a(PQKBWorkID)10982383 035 $a(PQKB)10631510 035 $a(OCoLC)466441313 035 $a(MiAaPQ)EBC1607959 035 $a(EXLCZ)993170000000055077 100 $a20140227h20082008 uy 0 101 0 $aeng 181 $ctxt 182 $cc 183 $acr 200 10$aGermany's corporate governance reforms $ehas the system become flexible enough? /$fJu?rgen Odenius 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (21 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 311 $a1-4519-1490-3 327 $aContents; I. Introduction; II. Germany's Corporate Governance System; A. The Hallmarks of the System; Figure; 1. Equity Market Characteristics; B. Corporate Governance Reform: An Overview; III. The Effectiveness of Internal Control Mechanisms; Box; 1. The Societas Europea-A Step Towards More Flexible Corporate Governance?; IV. Conflict of Interest: Self-Dealing; V. External Control Mechanisms: The Market for Corporate Control; VI. Conclusions; References 330 $aThis article reviews Germany's corporate governance system and the effectiveness of recent reforms. Since the early 1990's far-reaching reforms have complemented the traditional stakeholder system with important elements of the shareholder system. Instead of taking a view on the superiority of either system, this article raises the important question whether these reforms created sufficient flexibility for the market to optimize its corporate governance structure within well established social and legal norms. It concludes that there is scope for enhancing flexibility in three core areas... 410 0$aIMF Working Papers 606 $aCorporate governance$zGermany 606 $aCorporate governance 608 $aElectronic books. 615 0$aCorporate governance 615 0$aCorporate governance. 676 $a658.4 700 $aOdenius$b Ju?rgen$0910638 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910463621303321 996 $aGermany's corporate governance reforms$92038117 997 $aUNINA