This article discusses the roots and the development of the Social Democratic preference for corporate governance liberalization. I show that the preference for competition is a pre-strategic, fundamental preference. German organized capitalism, in the sense of competition-limiting company...

Für die Parteien haben sich Spenden, besonders in Wahlkampfjahren, zu einem unverzichtbaren Teil ihrer Finanzierung entwickelt. Das Papier analysiert den umstrittensten Bestandteil dieser Finanzierungsform: Spenden juristischer Personen. Die Datenbasis umfasst alle Parteispenden der 100...

This paper addresses the current discussion on links between party politics and production regimes. Why do German Social Democrats opt for more corporate governance liberalization than the CDU although, in terms of the distributional outcomes of such reforms, one would expect the situation to be...

This text is a preliminary study on the political-institutional determinants of shareholder oriented reforms in 21 OECD countries. I analyse stock and flow data on the development of stock market capitalization and on the rights of minority shareholders (La Porta et al. index) between 1990 and...

This paper suggests a two-dimensional concept of nonliberal capitalism: coordinated capitalism (as described in the varieties of capitalism framework) and organized capitalism. While the coordination function of institutions canalizes individual maximization strategies of firms in order to...