Do modes of management depend on company ownership? Does macroeconomic performance rely on shareholder value? The contributions collected in this book explore these questions from economic, historical and legal perspectives. They examine company ownership through the study of national...

This book focuses on one of the most important features of the contemporary Japanese economy; cross shareholding - or mutual shareholding - between corporations. The book analyses recent trends and the reasons behind these, and discusses the implications for the entire Japanese economic system...

Prologue: the Great Recession Durcharbeitung -- Introduction: the nature of the firm and its governance -- Part I: instituting the firm -- 1. Corporate law and the legal environment of the firm -- 2. Managerialism, the problem of principal-agent relations, and free market advocacy -- Part II:...

Recommended readings (Machine generated): Ruth V. Aguilera, Igor Filatotchev, Howard Gospel and Gregory Jackson (2008), 'An Organizational Approach to Comparative Corporate Governance: Costs, Contingencies, and Complementarities', Organization Science, 19 (3), May-June, 475-92 -- Igor...

This important book presents a new original study of the German and UK financial markets. It addresses the relationship between corporate governance, ownership and financial performance in German and UK firms floated during the 1980s. Marc Goergen uses detailed company micro-data to examine the...

In open and dynamic markets, only innovation can give a firm a competitive advantage and with it the superior cash flows that generate value. This book offers a new conceptual structure and applicable analytical models for evaluating a firm's innovation strategies in highly competitive...