LEADER 04599nam 2200553Ia 450 001 9910954269003321 005 20251116153252.0 010 0 $a9780191573569 010 0 $a0191573566 035 $a(MiAaPQ)EBC7033785 035 $a(CKB)24235078700041 035 $a(MiAaPQ)EBC472196 035 $a(Au-PeEL)EBL472196 035 $a(CaPaEBR)ebr10358549 035 $a(CaONFJC)MIL238367 035 $a(OCoLC)536239348 035 $a(Au-PeEL)EBL7033785 035 $a(OCoLC)781263321 035 $a(EXLCZ)9924235078700041 100 $a20090903d2010 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aCorporate governance, competition, and political parties $eexplaining corporate governance change in Europe /$fRoger M. Barker 205 $a1st ed. 210 $aOxford ;$aNew York $cOxford University Press$d2010 215 $axx, 327 p. $cill 320 $aIncludes bibliographical references and index. 327 $aIntro -- 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 competition -- 3. 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 Competition -- 5.1 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. 327 $a9. The Case of Germany: From Blockholding to Hybrid Corporate Governance Regime -- 9.1 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 governance -- 11. 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. 330 $aOver the last decade, significant changes in corporate governance in Continental Europe have been increasingly evident. This book argues that firms in some of these countries have eschewed the traditional stakeholder-orientation for a strategy based on the maximization of shareholder value, despite a period of social democratic politics in Europe. 606 $aCompetition$zEurope 606 $aCorporate governance$zEurope 606 $aOrganizational change$zEurope 606 $aStockholders$zEurope 615 0$aCompetition 615 0$aCorporate governance 615 0$aOrganizational change 615 0$aStockholders 676 $a658.4 700 $aBarker$b Roger M$0304453 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910954269003321 996 $aCorporate governance, competition, and political parties$94465265 997 $aUNINA