Corporate Ownership and Control
British Business Transformed
By (author) Brian R. Cheffins
Normal Price: $204.95
Your Price: $184.45 AUD, inc. GST
Shipping: $7.95 per order
You Save: $20.50! (10% off normal price)
Plus...earn $9.22 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Corporate Ownership and Control by Brian R. Cheffins
Book DescriptionThe typical British publicly traded company has widely dispersed share ownership and is run by professionally trained managers who collectively own an insufficiently large percentage of shares to dictate the outcome when shareholders vote. This separation of ownership and control has not only dictated the tenor of corporate governance debate in Britain but serves to distinguish the UK from most other countries. Existing theories fail to account adequately for arrangements in the UK. Corporate Ownership and Control accordingly seeks to explain why ownership became divorced from control in major British companies. The book is organized by reference to the 'sell side', which encompasses the factors that might prompt those owning large blocks of shares to exit or accept dilution of their stake, and the 'buy side', which involves factors that motivate investors to buy equities and deter the new shareholders from themselves exercising control. The book's approach is strongly historical in orientation, as it examines how matters evolved from the 17th century through to today. While a modern-style divorce of ownership and control can be traced back at least as far as mid-19th century railways, the 'outsider/arms-length' system of ownership and control that currently characterizes British corporate governance did not crystallize until the middle of the 20th century. The book brings the story right up to date by showing current arrangements are likely to be durable. Correspondingly, the insights the book offers should remain salient for some time to come.
Buy Corporate Ownership and Control book by Brian R. Cheffins from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780199236978
(241mm x 162mm x 30mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 23-Oct-2008
Country of Publication: United Kingdom
Books By Author Brian R. Cheffins
Corporate Ownership and Control, Paperback (September 2010)
Much discussion on corporate governance assumes companies are owned and controlled separately, yet this is not the norm worldwide. This book explores the foundations of separation in UK companies, asking how the widely held company came to prominence and why and how the UK stock market came to be dominated by institutional shareholders.
Company Law, Paperback (May 1997)» View all books by Brian R. Cheffins
In the US the use of economics has had a dramatic influence on the study of corporate law. This book is the first in the UK to use economics to discuss company law issues. Company Law: Theory, Structure and Operation addresses a series of important questions which have not been analysed in detail elsewhere.
» Have you read this book? We'd like to know what you think about it - write a review about Corporate Ownership and Control book by Brian R. Cheffins and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Brian R. Cheffins
Brian R. Cheffins is the S.J. Berwin Professor of Corporate Law at the Faculty of Law, University of Cambridge and is a Fellow of the European Corporate Governance Institute.
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-5pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2016. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.