The first fifteen years of the 21st century have thrown into sharp relief the challenges of growth, equity, stability, and sustainability facing the world economy. In addition, they have exposed the inadequacies of mainstream economics in providing answers to these challenges. This volume...

Scandals of corporate governance in the United States and Europe in the aftermath of the TMT bubble captured the public imagination. In play were the interests of senior executives in relation to investors, prompting debate over countries' standards of corporate governance in the global market...

The alchemy of finance -- Convergence in corporate governance -- Portfolio investors and the German model -- Geographical foundations of corporate governance -- Path dependence and transition -- Cross-listing and the market for governance -- Global financial markets as standard-setters -- The...