Corporate Governance and Economic Performance by Klaus Gugler
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Corporate Governance and Economic Performance
By Klaus Gugler

Corporate Governance and Economic Performance

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Format: Hardback

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Corporate Governance and Economic Performance by Klaus Gugler

Book Description

Corporate governance has time and again been the subject of extensive scrutiny and controversy. Much of the debate of the 1960s and 1970s focused on the managerial corporation in the USA and the UK, inspired by the seminal work of Berle and Means (1932). The separation of ownership from control has been blamed for spectacular business failures. While there is ample evidence about corporate governance and performance in the USA and the UK, very little is known about the functioning of corporate governance elsewhere. "Corporate Governance and Economic Performance" presents evidence about corporate governance and performance in a large number of countries. It is the result of a collective research effort by the members of the European Corporate Governance Network (ECGN), which brought together 'country teams' familiar with the language and corporate culture of their respective countries. The volume focuses on Austria, Belgium, Germany, France, Italy, Japan, the Netherlands, Spain, Turkey, the United Kingdom, and the United States. While the 'owner-manager conflict' appears to dominate in the USA and the UK, the 'large-small shareholder' conflict is important in Continental Europe. Based on this evidence, the authors derive important policy implications for capital market reform in Europe.

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Book Details

ISBN: 9780199245703
ISBN-10: 0199245703
Format: Hardback
(242mm x 163mm x 18mm)
Pages: 236
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 19-Jul-2001
Country of Publication: United Kingdom

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Author Biography - Klaus Gugler

Klaus Gugler is Assistant Professor of Economics in the Department of Economics at the University of Vienna.

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