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Comparative Corporate Governance - Legal Perspectives (Hardcover)
Loot Price: R2,695
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Comparative Corporate Governance - Legal Perspectives (Hardcover)
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Comparative Corporate Governance considers the impact of
globalization on corporate governance issues and highlights how,
despite the effect it has clearly had, predictions of legal
convergence have not come true. By adopting a comparative legal
approach, this book explores the tensions that exist between
convergence attempts and the persistence of local models of
governance in the US, Europe and Asia. Veronique Magnier assesses
institutional, cultural and sociological factors as features of the
disparities in governance. She does so by addressing the three main
areas of tension in the legal aspects of corporate governance:
theoretical pressure, which pits shareholder primacy against models
advocating for greater participation of large corporations in
general economic welfare; technical regulation, such as integrating
corporate governance codes into national legal systems; and the
need for context and reflection when transplanting governance
approaches to different countries. Varying economic, societal and
cultural environments make it vital to contextualize corporate
governance in order to better understand how governance models
operate in a globalized world. Lawyers, academics and advanced
students of law looking to improve their understanding of corporate
governance will find this a diverse and rewarding read.
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