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Hertie Governance Report

Advances in Corporate Governance

Comparative Perspectives

Helmut K. (Past President and Professor of Sociology, Hertie School of Governance Adjunct Professor, Luskin School of Public Affairs, UCLA) Anheier & Theodor (Professor for Civil, Trade and Business Law, Professor for Civil, Trade and Business Law, Goethe University Frankfurt) Baums

Advances in Corporate Governance

Hertie Governance Report

Advances in Corporate Governance

Comparative Perspectives

Hertie Governance Report: Advances in Corporate Governance

 

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


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Beschrijving Hertie Governance Report: Advances in Corporate Governance

The governance of the modern corporation is broadly understood as the mechanisms, relations, and processes for balancing the interests of stakeholders. It spells out the rules and procedures for decision-making, accountability and transparency, and distributional rights. Corporate governance thus provides the framework in which corporate objectives are set, the means of attaining them, the kind of performance monitoring required, and by whom. In the aftermath of the global financial crisis and large-scale corporate failures, the issue of corporate governance has repeatedly received the attention of policy-makers and the wider public. Extending the study of corporate governance beyond that of listed corporations sheds new light on the overall performance of corporations in market economies. These include small to medium-sized corporations, nonprofit organisations and philanthropic foundations, public corporations and public-private partnerships, social enterprises and cooperatives, international organisations, and corporations in cyberspace. A decade after the massive failures in the governance of financial corporations, and with continued governance failures in other parts of the economy since then, this volume takes stock and asks: what has been the performance of corporate governance regimes, and have regulatory changes and corporate governance codes made a difference? What are the strengths and weaknesses of current corporate governance systems and codes? How do corporate forms differ in their governance performance, and what have been the experiences across countries? And, finally, what implications for understanding governance behaviour and for policy-makers and regulators come to mind?


ISBN
9780198866367
Pagina's
336
Verschenen
Serie
Hertie Governance Report
NUR
754
Druk
1
Uitvoering
Hardback
Taal
Engels
Uitgever
OUP Oxford

Politicologie