The paper discusses the role of various constituencies in the corporate governance of a corporation from the perspective of incomplete contracts. A strict shareholder value orientation in the sense of a rule that at any time firm decisions should be made strictly in the interest of the present...

How are new forms of industrial organization accommodated into a country'slegal frameworks, and what effect does this have on the ability of firms toinnovate. Variations in the broad institutional organization of the German andUS political economies result in different processes of contract...

The following cases deal with corporate governance in multinational corporations in the automotve sector.

This paper presents an overview of the history of corporate governance in the United States, emphasizing the period before the advent of federal securities laws and the Securities and Exchange Commission (SEC). Recent research has overturned many widely accepted beliefs about corporate...

Intro -- Corporation Nation -- Title -- Copyright -- Contents -- Chapter 1. The Corporation Nation Emerges -- Chapter 2. Before the Constitution -- Chapter 3. Corporate Iniquity -- Chapter 4. Corporate Ubiquity -- Chapter 5. The Benefits of Big -- Chapter 6. Governance Principles -- Chapter 7....

We study how ownership structure, in particular public listing status, relates to workplace safety and productivity tradeoffs. Theory offers competing hypotheses on how listing-related frictions affect these tradeoffs. We exploit detailed asset-level data in the U.S. coal industry and find that...