This paper argues that differences in the dispersion of corporate ownership can help explain why party positions on corporate governance vary across countries and over time. Expectations that left/right conflicts should pitch capital against labor overlook that "capital" is not a homogenous...

This article identifies conditions for transnational interest group cohesion by examining German and British employer positions on EU company law proposals. Employers were divided over proposals on takeover bids but formed a united front against proposals on worker participation. I argue that...

This article challenges the methodological nationalism of the convergence debate by arguing that multilevel governance destabilizes the coalitions thought to underpin liberal and coordinated varieties of capitalism. Existing efforts to explain how coherent production regimes emerge and persist...

French governments are famous for promoting national champions, notably by preventing foreign takeovers, but in 2005-2006, the Villepin administration allowed the New York Stock Exchange to take control of Euronext, a French-led pan-European company that includes the Paris Bourse. By mapping the...

Jüngere Studien kritisieren die weitverbreitete Gleichsetzung von Wirtschaftsnationalismus und Protektionismus mit der Begründung, dass auch Marktliberalisierung oft mittels nationalistischer Motive gerechtfertigt wird. Wir ergänzen, dass spiegelbildlich dazu die Befürworter von...

Why does political resistance to foreign takeovers vary across countries and over time? Rational choice accounts of economic nationalism fail to provide an answer. The present article proposes an institutionalist amendment in the 'Varieties of Capitalism' tradition. While politicians everywhere...

Why is unprecedented financialization failing to provoke a strong political backlash? The role of financial markets, motives, actors, and institutions has expanded continuously in recent decades, but - contrary to Polanyi's 'double movement' theory and despite the current financial crisis -...