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"This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies underscore the importance of path dependence, often as far back into preindustrial period; legal system origin, though in a more nuanced form than mere statutory shareholder rights; and wealthy families. They also clarify the roles of ideologies, business groups, trust, institutional transplants, and politics in institutional evolution and financial development. Other themes are the universality of business insiders' investments in, entrenchment, and a possible behavioral basis for this"--National Bureau of Economic Research web site.
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Subjects
Corporate governance, HistoryEdition | Availability |
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The global history of corporate governance: an introduction
2005, National Bureau of Economic Research
Electronic resource
in English
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The global history of corporate governance: an introduction
2005, National Bureau of Economic Research
in English
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Book Details
Edition Notes
"January 2005."
Includes bibliographical references (p. 41-45).
Also available in PDF from the NBER world wide web site (www.nber.org).
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"This paper presents a synopsis of recent NBER studies of the history of corporate governance in Canada, China, France, Germany, Japan, India, Italy, the Netherlands, Sweden, the United Kingdom, and the United States. Together, the studies underscore the importance of path dependence, often as far back into preindustrial period; legal system origin, though in a more nuanced form than mere statutory shareholder rights; and wealthy families. They also clarify the roles of ideologies, business groups, trust, institutional transplants, and politics in institutional evolution and financial development. Other themes are the universality of business insiders' investments in, entrenchment, and a possible behavioral basis for this"--National Bureau of Economic Research web site.
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