Corporate governance scholarship is typically portrayed as driven by single factor models, for example, shareholder value maximization, director primacy or team production. These governance models are Copernican; one factor is or should be the center of the corporate governance solar system. In...

Markets for capital, products, and managerial talent are expanding rapidly across national borders, yet domestic laws and practices have never had greater impact on corporate structures and cross-border deals. Investors pursuing high returns and diversification, entrepreneurs seeking capital,...

Explores the strong link between the venture capital (VC) market and the stock market-centered capital market. Contrasts this with the bank centered capital markets of such countries as Germany and Japan, which allot more firm control to banks. The United States has a strong venture capital...