In this timely book, the law and economics of corporate governance is approached from various angles. Alessio Pacces shows that perspectives are evolving and that they differ between the economic and the legal standpoint, as well as varying between countries. A group of leading scholars offers their views and provides fresh empirical evidence on existing theories as well as developing new theoretical insights based on empirical puzzles. They all analyse the economics of corporate governance with a view to how it should, or should not, be regulated.
Bibliography, etc. Note
Includes bibliographical references and index.
Formatted Contents Note
An introduction : changing perspectives on corporate law and economics / Alessio M. Pacces Delaware corporate law : failing law, failing markets / William J. Carney, George B. Shepherd and Joanna M. Shepherd Comment : comparing company law in Europe and the United States : some remarks inspired by Carney et al.'s presentation / Maarten J. Kroeze Incorporating under European law : the Societas Europeae as a vehicle for legal arbitrage / Horst Eidenmüller, Andreas Engert and Lars Hornuf Comment : empirical law and economics : the Societas Europaea and its use within Europe / Patrick C. Leyens Spillover of corporate governance standards in cross-border mergers and acquisitions / Marina Martynova and Luc Renneboog Comment : discussion of 'spillover of corporate governance standards in cross-border mergers and acquisitions' by Marina Martynova and Luc Renneboog / Abe de Jong Corporate governance : getting back to market basics / Henry G. Manne Comment : corporate governance and Coase's legacy : a reply to Henry Manne / Alessio M. Pacces Enforcement startegies in UK corporate governance : a roadmap and empirical assessment / John Armour Comment on John Armour, 'Enforcement strategies in UK corporate governance : a roadmap and empirical assessment' / Roberto Pardolesi Marrying in the cathedral : a framework for the analysis of corporate governance / Ugo Pagano Comment : can the firm be seen to emerge out of a pincer movement of efficiency pressures? / J. (Hans) van Oosterhout.