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governance systems, for two extreme cases concerning Roe's independent variable: Switzerland and Sweden. Starting from a position … Switzerland during the 1990s, but no comparable change in Sweden up until the early 2000s. These developments occurred against the … background of contrasting political contexts in the two countries: in Switzerland, change took place in a context of stable …
Persistent link: https://www.econbiz.de/10005813009
stakeholder-orientated model prevailing in continental Europe (exemplified by Switzerland and Germany) for most of the 20th …
Persistent link: https://www.econbiz.de/10010614643
explanation of centre-right preferences. Based on the cases of the Netherlands, Sweden and Switzerland I show that the ownership …
Persistent link: https://www.econbiz.de/10010614653
governance reforms, while centre-right parties oppose such reforms. Based on case studies of Switzerland, Sweden, and the … Netherlands, I test the accuracy of this thesis and find that it does not apply to either of these cases: in Switzerland pro …
Persistent link: https://www.econbiz.de/10005549416
The current financial crisis has given rise to calls to toughen considerably the codes of corporate governance put in place in many countries to regulate corporate behaviour (e.g. the UK Combined Code). These codes vary slightly in form but tend to contain a mix of non-discretionary regulations...
Persistent link: https://www.econbiz.de/10010858394
The return to economic liberalism in the Anglo-Saxon world was motivated by the apparent failure of Keynesian economic management to control the stagflation of the 1970s and early 1980s. In this context, the theories of economic liberalism, championed by Friederich von Hayek, Milton Friedman and...
Persistent link: https://www.econbiz.de/10010548037
We examine the impact of acquisitions on executive pay in UK acquirers over 1984-2001. For the overall sample, which includes foreign, domestic, public and private targets, there is a significant transitory pay increase. Pay changes are not affected by target nationality or organizational form,...
Persistent link: https://www.econbiz.de/10005813000
The statutory protection currently provided by UK law to employees during transfers of undertakings and other restructurings has been criticised on the grounds that it undermines insolvency procedures and interferes with the 'rescue' process. We present an analysis which suggests that granting...
Persistent link: https://www.econbiz.de/10005813006
The Slovenian Corporate Governance Code for Public Joint-Stock Companies was adopted in March 2004. Using a systems-theoretical approach, we examine the extent to which the implementation of the Code has resulted in the kinds of 'reflexive' learning processes which the 'comply or explain'...
Persistent link: https://www.econbiz.de/10005813008
A striking feature of theorising about corporate governance, whether from the perspective of economics or in terms of a stakeholder model of the company, is that even quite basic questions posed at the outset remain to be answered. Thus, in the case of economic theorising about the firm, it has...
Persistent link: https://www.econbiz.de/10005813012