1300 36 33 32

Studies of corporate governance traditionally focus on the governance problems of large publicly held firms, and policymakers'recommendations often focus on such firms. However most small firms, and in many countries, even many large companies, are closely held. This book provides a comprehensive account of closely held businesses and their particular governance problems. It explores current discussions and reforms in Europe, the United States, and Asia providing a state of the art account of the law and the economics. . Closely held firms encompass a vast range, from corporations with the potential to go public through family-owned firms, group-owned firms, private equity and hedge funds, to joint ventures and unlisted mass-privatized corporations with a relatively high number of shareholders. The governance of closely held companies has traditionally been concerned with protecting investors and creditors from managerial opportunism. However, the virtual elimination of the distinction between partnerships and corporations means that an effective legal governance framework must also offer mechanisms to protect shareholders from the misconduct of other shareholders. This volume examines policy and economic measurements to develop a framework for understanding what constitutes good governance in closely held companies. The authors examine how control is gained in the various types of closely held firms and explore the mechanisms that contribute to the development of a modern and efficient governance framework for these companies. The book concludes with an exploration of how the closely held firm is likely to stimulate growth and extend innovation and development.

Buy Corporate Governance of Non Listed Companies book by Joseph A. McCahery from Australia's Online Bookstore, Boomerang Books.

Book Details

ISBN: 9780199203406
ISBN-10: 0199203407
Format: Hardback
(242mm x 163mm x 23mm)
Pages: 310
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 27-Mar-2008
Country of Publication: United Kingdom

Reviews

» Have you read this book? We'd like to know what you think about it - write a review about Corporate Governance of Non Listed Companies book by Joseph A. McCahery and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)

Write Review


Author Biography - Joseph A. McCahery

Joseph A. McCahery is Professor of Corporate Governance and Business Innovation at the University of Amsterdam Faculty of Economics and Econometrics and Professor of Financial Market Regulation at Tilburg University Faculty of Law Erik P. M. Vermeulen is Professor of Law and Management at Tilburg University Faculty of Law and Legal Counsel, Philips International B.V.

Books By Author Joseph A. McCahery

Institutional Investor Activism by Joseph A. McCahery

Institutional Investor Activism

Paperback, September 2015
$97.16
Corporate Governance of Non-listed Companies by Joseph A. McCahery

Corporate Governance of Non-listed Companies

Paperback, September 2010
$65.66
After Enron by Joseph A. McCahery

After Enron

Paperback, November 2006
$122.40