Advances in corporate governance : comparative perspectives / edited by Helmut K. Anheier, Theodor Baums.

This volume examines the performance of corporate governance regimes since the Global Financial Crisis in 2008 and analyses whether regulatory changes and corporate governance codes have made a difference.

Saved in:
Bibliographic Details
Other Authors: Anheier, Helmut K., 1954- (Editor), Baums, Theodor (Editor)
Format: eBook
Language:English
Published: Oxford ; New York, NY : Oxford University Press, 2020.
Edition:First edition.
Series:Hertie School governance report series.
Subjects:
Online Access:Click for online access
Table of Contents:
  • Cover
  • Advances in Corporate Governance: Comparative Perspectives
  • Copyright
  • Preface
  • Contents
  • List of Tables and Figures
  • List of Abbreviations
  • About the Contributors
  • Chapter 1: Corporate Governance in Comparative Perspective
  • References
  • Chapter 2: Corporate Governance: What Are the Issues?
  • Shareholder Primacy and Corporate Social Responsibility
  • Corporate Governance Codes
  • Enter the Global Financial Crisis
  • Corporate Governance Mechanisms
  • Independent Directors
  • Board Composition and Member Diversity
  • Executive Remuneration
  • Market for Corporate Control
  • Corporate Governance in Technology Companies
  • Dual-class Stock Structures
  • The Problem with External Control Mechanisms
  • Lessons from Europe: Germany's Co-determination
  • Conclusion
  • References
  • Chapter 3: Listed Companies: Regulatory Tools and Current Reform Issues
  • Statute and Code
  • Independence of Outside Directors and Supervisory Board Members
  • Conclusion
  • References
  • Chapter 4: Corporate Governance of Financial Corporations
  • Why Corporate Governance in Financial Corporations Is Different
  • Regulation of Corporate Governance Aspects
  • Soft Law on Shareholders' Roles
  • Regulating Boards
  • Board Composition
  • Qualifications of Board Members
  • Board Committees
  • Regulating Internal Control
  • Senior Persons and Individual Responsibility and Liability Regimes
  • Remuneration of Financial Corporations' Staff
  • Concluding Remarks and Brief Comparative Perspectives
  • References
  • Chapter 5: Corporate Governance in Small and Medium Enterprises
  • Corporate Governance Codes in SMEs
  • Ecgi and Corporate Governance Codes for SMEs
  • Variations among Codes: Audiences and Objectives
  • Principles or Rules: The Content of Codes
  • Research on Corporate Governance in SMEs
  • SME Characteristics
  • The Extended Team Production Model of Corporate Governance in SMEs
  • Conclusion
  • References
  • Chapter 6: Corporate Governance Regulation for Public Benefit Foundations in Europe
  • Definitions, Specific Structure of Public Benefit Foundations, and Perceived Risks
  • Definitions and Framing Questions
  • Implications of the Specific Features of Foundations for Corporate Governance
  • Principal-agent Theory and Potential Adaptations for Public Benefit Foundations
  • Creditor Protection and Legal Security Arguments
  • Exchange for Tax Exemptions
  • The Interest of the General Public
  • Sector Interest and Sector Efforts Around Internal and External Good Governance
  • Specific Case of Company-linked Foundations
  • Perceived Risks and Perceived Lack of Effectiveness Related to Public Benefit Foundations Impacting Governance, Transparency, and Accountability Questions
  • Key Empirical Points on Regulatory and Self-Regulatory Approaches within Foundation Governance
  • Internal Governance Regulation
  • Role of Founders in Governance According to the Law
  • Governing Board
  • Supervisory Board