Capital Markets And Corporate Governance

Author : Justin O'Brien
Publisher : World Scientific
Page : 424 pages
File Size : 43,5 Mb
Release : 2007-12-03
Category : Business & Economics
ISBN : 9781908979131

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Private Equity, Corporate Governance and the Dynamics of Capital Market Regulation by Justin O'Brien Pdf

Global capital markets are in a state of flux. Castigated in the past as “Barbarians at the Gate”, private equity providers are once again proclaiming the end of the public corporation. This important book addresses the implications of private equity for the governance of corporations, the capital markets in which they operate and the professionals who provide corporate advisory services. The book evaluates and ranks the precise nature of the risk posed by private equity by situating it within an overarching analysis of the dynamics of financial capitalism. Key issues addressed include: the management of conflicts of interest, fiduciary duties, the role of enforcement, the efficacy of adopting a rules- or principles-based system of regulation, the form and function of compliance, and a detailed examination of how to embed accountability into an integrity system for the financial markets. The book therefore has enormous benefit for industry, regulatory and academic communities alike. Contents:Introduction: The Dynamics of Capital Market Governance (J O'Brien)The Conceptual Underpinnings of Australian Securities Regulation (M Rodgers)Evolving ‘Rules of the Game’ in Corporate Governance Reform (J Hill)Overlapping Fields and Constructed Legalities: The Endogeneity of Law (L B Edelman)The Significance of Relative Autonomy in How Regulation of the Financial Services Sector Evolves (G Gilligan)ASIC v Citigroup: Investment Banks, Conflicts of Interest, and Chinese Walls (P F Hanrahan)Enforcement of Capital Markets Regulation: The United Kingdom and Its International Markets (I MacNeil)Why Auditors Don't Find Fraud (N M Hodson)Compliance, Ethics and Responsibility: Emergent Governance Strategies in the US and UK (D McBarnet)Professional Norms (D Cocking)Sarbanes-Oxley and the Search for Accountable Corporate Governance (M J Dubnick)Charting an Icarian Flightpath: The Implications of the Qantas Deal Collapse (J O'Brien)Institutions, Integrity Systems and Market Actors (S Miller) Readership: Postgraduate law and business students; also suitable for general informed market (e.g. investment bankers, compliance professionals, providers of corporate advisory services including lawyers, tax advisors and auditors). Keywords:Private Equity;Conflicts of Interest;Financial Regulation;Enforcement;Investment Banks;Fiduciary DutiesKey Features:Presents an integrated series of recommendations on how compliance (and wider regulatory) frameworks should be recalibrated in order to take into account the unique challenges posed by both private equity and demands to reduce regulatory burden to stem its growthBased on empirical research in three major capital market jurisdictionsContributors include some of the most influential corporate and securities lawyers, ethicists, regulatory specialists, socio-legal scholars, practitioners and policymakers

Author : Janis Sarra
Publisher : UBC Press
Page : 399 pages
File Size : 52,8 Mb
Release : 2011-11-01
Category : Law
ISBN : 9780774840507

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Corporate Governance in Global Capital Markets by Janis Sarra Pdf

The recent failures of Enron, WorldCom, and other large publicly traded corporations have catapulted the issue of corporate governance onto the international stage. In this timely book, Janis Sarra draws together the work of legal scholars and practitioners from across North America to provide a comprehensive analysis of corporate governance issues in global capital markets. The contributors to this collection explore the theoretical underpinnings of corporate governance and provide concrete illustration of different models and their outcomes. While the perspectives of the authors sometimes differ, their common project is to explore different normative conceptions of the corporation in order to contribute to an analysis of global trends in corporate governance.

Author : OECD
Publisher : OECD Publishing
Page : 142 pages
File Size : 40,9 Mb
Release : 2021-06-30
Category : Electronic
ISBN : 9789264796164

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Corporate Governance The Future of Corporate Governance in Capital Markets Following the COVID-19 Crisis by OECD Pdf

This report provides an evidence-based overview of developments in capital markets globally leading up to the COVID-19 crisis. It then documents the impact of the crisis on the use of capital markets and the introduction of temporary corporate governance measures.

Author : Anonim
Publisher : Unknown
Page : 0 pages
File Size : 42,8 Mb
Release : 1994
Category : Capital market
ISBN : OCLC:1335923858

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Capital Markets and Corporate Governance by Anonim Pdf

Author : OECD
Publisher : OECD Publishing
Page : 112 pages
File Size : 55,5 Mb
Release : 1998-03-27
Category : Electronic
ISBN : 9789264162709

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Corporate Governance: Improving Competitiveness and Access to Capital in Global Markets A Report to the OECD by the Business Sector Advisory Group on Corporate Governance by OECD Pdf

In this report to the OECD, the Business Sector Advisory Group on Corporate Governance presents the perspectives that it believes should guide public policies related to corporate governance, suggests areas for private sector voluntary action and recommends further actions for the OECD.

Author : H. Osano,T. Tachibanaki
Publisher : Springer
Page : 306 pages
File Size : 48,9 Mb
Release : 2001-11-06
Category : Business & Economics
ISBN : 9780230288140

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Banking, Capital Markets and Corporate Governance by H. Osano,T. Tachibanaki Pdf

Banking, Capital Markets and Corporate Governance explores the fragility of the banking system, corporate governance, and the increasing securitization of corporate finance. The contributors address the following issues. The impact of banking during a crisis in providing an incentive for the managers of failing banks to restructure their assets; the way in which economic and legal institutions can control the management of banks and firms; and the effects of increases in the securitization of corporate finance and the amount of financial innovation.

Author : Nicholas Dimsdale,Martha Prevezer,National Economic Development Office
Publisher : Oxford University Press on Demand
Page : 349 pages
File Size : 49,5 Mb
Release : 1994
Category : Business & Economics
ISBN : 0198287887

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Capital Markets and Corporate Governance by Nicholas Dimsdale,Martha Prevezer,National Economic Development Office Pdf

Contributors: N. Dimsdale, J. Kay, P. Marsh, J. Charkham, A. Sykes, D. McWilliams, A. Sentance, M. Middleton, D. Lomax, C. Mayer, A. Beecroft, A. Hughes, M. Prevezer, M. Ricketts, J. Edwards, E. Schneider-Lenne, J. Corbett, S. Masuyama, K. FischerRWritten by leading academics, bankers, and consultants, this book discusses major issues in corporate governance. The papers concentrate upon the financing of corporations, and the role of the banks and stock markets in the United Kingdom, Germany, and Japan. A central theme of the book is aconstant awareness of the links between the accountability of senior managers, the system of corporate governance, and the performance of a company.The contributors examine the role of shareholders, company boards, and managers under a market-based system as in the UK and USA, in comparison with the `insider' system found in Japan and, to a lesser extent, Germany. They discuss the view that this UK system leads to a preoccupation withshort-term corporate performance and a greater likelihood of hostile takeovers. The contribution of the banks to corporate finance and control is also examined, including a discussion of the spcial problems of small forms. The Japanese and the German financial and corporate systems areauthoritatively analysed.

Author : Roy C. Smith,Professor of Finance and International Business Roy C Smith,Roy C. Smith 19..- (économiste),Ingo Walter,Seymour Milstein Professor of Finance Corporate Governance and Ethics Ingo Walter
Publisher : Oxford University Press on Demand
Page : 337 pages
File Size : 42,7 Mb
Release : 2006-01-12
Category : Business & Economics
ISBN : 9780195171679

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Governing the Modern Corporation by Roy C. Smith,Professor of Finance and International Business Roy C Smith,Roy C. Smith 19..- (économiste),Ingo Walter,Seymour Milstein Professor of Finance Corporate Governance and Ethics Ingo Walter Pdf

In this comprehensive analysis, the authors examine the structure of market capitalism to see what went wrong before and after the stock market burst in 2000. They find conflicts of interest to be heavily embedded in the system, and argue for a different approach to governance than federal regulation.

Author : Morten Balling,Elizabeth Hennessy,Richard O'Brien
Publisher : Springer Science & Business Media
Page : 358 pages
File Size : 53,7 Mb
Release : 2013-11-11
Category : Business & Economics
ISBN : 9781475726336

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Corporate Governance, Financial Markets and Global Convergence by Morten Balling,Elizabeth Hennessy,Richard O'Brien Pdf

for many years been heavily dependent on bank financing, and this situation has not changed fundamentally. In his paper on stock exchange governance in the European Union Guido Ferrarini discusses the relative merits of member and investor ownership and compares stock exchange regulation in a number of EU countries. Faced with increasing competition amongst themselves and against other enterprises that offer transaction services, such as proprietary trading systems, it is essential for European stock exchanges to improve their efficiency and to generate volume. Large investments in new information technology are necessary in order to preserve competitiveness in agIobaI financial market. The implementation of the ISD has accelerated cross-border transaction activity of member firms and investors and strengthened the pressure for convergence of national stock exchange laws in the EU. In their paper, Francesco Giavazzi and Marco Battaglini look at the role played by banks in privatization processes. Banks can be involved in such processes in several ways. They may themselves be the objects of privatization since in many countries a significant fraction of the banking industry is publicly owned. This is the case in France, Spain and Italy. But banks can also be important buyers of the equity of industrial firms sold by the government if they are allowed to do so. The authors characterize privatizations as a very good opportunity to set up the right environment for the development of new financial intermediaries and in general for asound corporate governance system.

Author : Peter Cornelius,Bruce Mitchel Kogut
Publisher : Oxford University Press, USA
Page : 532 pages
File Size : 41,9 Mb
Release : 2003
Category : Business & Economics
ISBN : 0195167058

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Corporate Governance and Capital Flows in a Global Economy by Peter Cornelius,Bruce Mitchel Kogut Pdf

With global financial markets having become more integrated, the book pays particular attention to the role of corporate governance in emerging-market economies and international capital flows. Rich in facts and ideas, the book is for anyone interested in financial crises, international risk management and global competitiveness.

Author : Helmut Dietl
Publisher : Routledge
Page : 196 pages
File Size : 53,5 Mb
Release : 1997-11-27
Category : Business & Economics
ISBN : 9781134693948

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Capital Markets and Corporate Governance in Japan, Germany and the United States by Helmut Dietl Pdf

Why did financial keiretsu develop in Japan, but not in Germany and the United States? Why is bank intermediation more dominant in Germany and Japan than in the United States? What are the advantages and disadvantages of each system? Capital Markets and Corporate Governance in Japan, Germany and the United States answers these and related questions

Author : Gordon L. Clark,Dariusz Wójcik
Publisher : OUP Oxford
Page : 272 pages
File Size : 50,8 Mb
Release : 2007-05-03
Category : Business & Economics
ISBN : 9780191526664

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The Geography of Finance by Gordon L. Clark,Dariusz Wójcik Pdf

The Geography of Finance tackles crucial issues regarding the emerging global market for corporate governance. The authors describe and explain the transformation of European corporate governance in the light of the imperatives driving global financial markets, using an innovative analytical framework. The authors chart the response of corporate managers to the interest of global portfolio managers in transparent and accountable modes of corporate governance. In doing so, the authors provide an innovative perspective on a rapidly changing environment; and a challenge to those who ignore the gathering momentum of global financial markets.

Author : Alan Dignam,Michael Galanis
Publisher : Routledge
Page : 464 pages
File Size : 52,5 Mb
Release : 2016-03-09
Category : Law
ISBN : 9781317030065

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The Globalization of Corporate Governance by Alan Dignam,Michael Galanis Pdf

The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsider' corporate governance model prevalent in the UK and the US. What these pressures from globalization are, how they manifest themselves, whether they are likely to cause such a convergence/transformation and whether these pressures will continue, lie at the heart of the exploration in this volume. The Globalization of Corporate Governance provides a detailed analysis of the evolution of the key corporate governance systems in the UK, the US and Germany from the perspective of the development of economic globalization. As such it is a valuable resource for those interested in how economic and legal reforms interact to produce change within corporate governance systems.

Author : Theodor Baums,Richard M. Buxbaum,Klaus J. Hopt
Publisher : Walter de Gruyter
Page : 725 pages
File Size : 54,9 Mb
Release : 2011-05-02
Category : Law
ISBN : 9783110893380

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Institutional Investors and Corporate Governance by Theodor Baums,Richard M. Buxbaum,Klaus J. Hopt Pdf

The volume contains 23 articles by international experts, both scholars and practioners dealing with the development of institutional investors (such as banks, insurances, investment companies, pension funds etc.), their investment and voting policies, the impact on managements of the companies concerned and related issues. The consequences of the international development on capital markets as well as policy implications for the respective national legislations are treated.

Author : Danny Busch
Publisher : Springer Nature
Page : 732 pages
File Size : 40,7 Mb
Release : 2024-06-19
Category : Electronic
ISBN : 9783031536960

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Sustainable Finance in Europe by Danny Busch Pdf