European Corporate Governance

Author : Thomas Clarke,Jean-Francois Chanlat
Publisher : Routledge
Page : 424 pages
File Size : 52,9 Mb
Release : 2009-06-24
Category : Business & Economics
ISBN : 9781134135974

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European Corporate Governance by Thomas Clarke,Jean-Francois Chanlat Pdf

For decades, Europe has sought to become more financially integrated with the United States and thus European legal institutions, regulatory, governance and accounting practices have faced pressures to adapt to international competitive markets. Against this backdrop, European corporate governance systems have been criticized as being less efficient than the Anglo-American market based systems. This textbook examines the unique dimensions and qualities of European corporate governance. Reforms of key institutions, the doctrine of shareholder value and the seemingly irresistible growth of CEO power and reward are critically analyzed. The book brings out the richness of European corporate governance systems, as well as highlighting historical weaknesses that will require further work for a sustainable corporate governance environment in the future. In light of the most severe financial crisis since the 1930s, this intelligent look at European corporate governance is a vital textbook for courses on corporate governance and a great supplementary textbook on a host of business, management and accounting classes.

Author : Hanne S. Birkmose,Mette Neville,Karsten Engsig Sørensen
Publisher : Kluwer Law International B.V.
Page : 480 pages
File Size : 41,9 Mb
Release : 2022-12-09
Category : Law
ISBN : 9789403541730

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Instruments of EU Corporate Governance by Hanne S. Birkmose,Mette Neville,Karsten Engsig Sørensen Pdf

European Company Law Series, Volume 19 Compelling new perspectives on corporate governance – including attention to increased shareholder engagement, long-term value creation, and sustainability – have given rise to major changes in the management of companies. Yet, until this book, there has been no systematic account of the legislative and soft law instruments designed to promote good corporate governance practices across the range of sizes and types of companies. The book analyses the various instruments that legislators and others have used to promote good corporate governance in European companies and assesses their value in practice. Nineteen well-known scholars of business and corporate law delve into how such issues and topics as the following are approached across the spectrum of corporate governance instruments available in Europe: corporate codes of conduct; procedural rules regulating how directors make decisions; rules on board composition and remuneration; regulating boards in small- and medium-sized enterprises; public enforcement of directors’ duties; how digitalisation may affect implementation of corporate governance instruments; reporting rules; rules on the empowerment of minority shareholders; the role of the general meeting; regulation of the market for corporate control; certifications; rules on liability of directors; and role of auditors and accountants. In its in-depth analysis of the benefits and potential disadvantages of each instrument and what may be achieved both at company level and generally, this book will prove of value to all concerned with promoting responsible corporate governance, whether in business, government, or academia.

Author : Michael Gold
Publisher : Peter Lang
Page : 378 pages
File Size : 44,7 Mb
Release : 2009
Category : Business & Economics
ISBN : 303911560X

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The European Company Statute by Michael Gold Pdf

The European Company Statute is one of the most important pieces of company legislation adopted so far by the European Union. Its aim is to regulate the internal functions of a business operating in more than two European countries. This book provides an analysis of the history, structure, legal basis and likely impact of the ECS.

Author : Thomas Clarke
Publisher : Unknown
Page : 408 pages
File Size : 55,7 Mb
Release : 2005-01
Category : Corporate governance
ISBN : 0415329132

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Corporate Governance: European corporate governance by Thomas Clarke Pdf

Author : Michael Gold
Publisher : Unknown
Page : 373 pages
File Size : 44,9 Mb
Release : 2009
Category : Corporation law
ISBN : 3035303819

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The European Company Statute by Michael Gold Pdf

The European Company Statute (ECS) is one of the most important pieces of company legislation adopted so far by the European Union. Its aim is to regulate, on a voluntary basis, the internal functions of a business operating in more than two European countries at the same time. However, its implementation by companies requires the negotiation of agreements between employers and employees principally on the choice between a one-tier or two-tier system of board structure. While the ECS thereby promotes flexible solutions tailor-made to company requirements, it has failed to achieve full harmonisation of EU company law. This book provides a comprehensive analysis of the history, structure, legal basis and likely impact of the ECS, examining its evolution over some 30 years of development and its chances for integrating diverse models of corporate governance across the European Economic Area. The book explores the implications of the ECS for employee participation at various levels in the European company, with country case studies drawn from Greece, Slovenia and the UK. It also analyses certain legal issues, including taxation and the position of companies located in countries without existing systems of employee board-level participation.

Author : Steef M. Bartman,Centre for European Company Law
Publisher : Kluwer Law International B.V.
Page : 190 pages
File Size : 54,7 Mb
Release : 2006-01-01
Category : Law
ISBN : 9789041125293

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European Company Law in Accelerated Progress by Steef M. Bartman,Centre for European Company Law Pdf

As a penetrating evaluation of the EU's capability to improve its corporate regulatory infrastructure and thereby attract more investors and business activities within its territory as a whole, this book offers insights to those interested in the field, from economic policymakers at every level of government to business persons and their counsel.

Author : Alan Dignam,Michael Galanis
Publisher : John Wiley & Sons
Page : 0 pages
File Size : 46,9 Mb
Release : 2014-03-24
Category : Law
ISBN : 1118832604

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Post-crisis Trajectories of European Corporate Governance by Alan Dignam,Michael Galanis Pdf

Post-crisis Trajectories of European Corporate Governance offers a critical reassessment of policy and institutional elements of corporate governance as it relates to the member states of the European Union. Presents a critical overview of contemporary corporate governance practices in the EU Reassesses current European corporate governance policies Questions whether there should be a unified corporate governance trajectory in the EU If such a trajectory exists, must it be completely reoriented or would a simple upgrade of current arrangements suffice Features contributions from a variety of experts on corporate governance

Author : David Pitt-Watson,George Dallas
Publisher : Unknown
Page : 128 pages
File Size : 44,8 Mb
Release : 2016
Category : Electronic
ISBN : 1942713266

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Corporate Governance Policy in the European Union by David Pitt-Watson,George Dallas Pdf

Author : Adriaan F.M. Dorresteijn et al.
Publisher : Kluwer Law International B.V.
Page : 377 pages
File Size : 42,7 Mb
Release : 2022-07-26
Category : Law
ISBN : 9789403532240

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European Corporate Law by Adriaan F.M. Dorresteijn et al. Pdf

This fully updated new edition provides an overview of the law regarding companies, business organizations, and capital markets in Europe, at both the European Union (EU) and Member State levels. It introduces the reader to the EU harmonization programme and describes how this has influenced corporate law in the various EU Member States. The authors describe common denominators as well as differences in the approach of national corporate laws. The authors highlight current and emerging trends in these areas of corporate law, including: the freedom of establishment of companies within the EU; the European harmonization process and Member States’ implementation of EU legislation; employee involvement in business organizations; the division of power between the different corporate bodies; the functioning and regulation of company groups; and cross-border business combinations, takeovers and restructuring tools. The laws of France, Germany and the Netherlands in particular are discussed and contrasted. This discussion also includes the United Kingdom, although no longer an EU Member State. As in earlier editions, the authors demonstrate that analysis and comparison of national corporate laws yield highly valuable general principles and observations, not least because business organizations, wherever located, tend to show a fundamentally similar set of legal characteristics. The Fourth Edition will continue to be of great value to practitioners and academics who wish to acquire a better understanding of European corporate law, in its supranational dimension as well as in the similarities and differences among the various national legal systems. It can also be used as a handbook for comparative corporate law courses.

Author : L. Horn
Publisher : Springer
Page : 237 pages
File Size : 40,8 Mb
Release : 2011-11-22
Category : Political Science
ISBN : 9780230356405

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Regulating Corporate Governance in the EU by L. Horn Pdf

In the context of the financial and economic crisis, corporate governance and regulatory supervision failures, Laura Horn investigates one of the defining questions in social power relations in contemporary capitalism: who controls the modern corporation, and why.

Author : Lela Mélon
Publisher : Routledge
Page : 220 pages
File Size : 49,8 Mb
Release : 2019-03-13
Category : Law
ISBN : 9780429590139

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Shareholder Primacy and Global Business by Lela Mélon Pdf

In the context of growing public interest in sustainability, Corporate Social Responsibility (CSR) has not brought about the expected improvement in terms of sustainable business. Self-regulation has been unable to provide appropriate answers for unsustainable business frameworks, despite empirical proof that sustainable behaviour is entirely in corporate enlightened self-interest. The lack of success of the soft law approach suggests that hard law regulation may be needed after all. This book discusses these options, alongside the issue of shareholder primacy and its externalities in corporate, social, and natural environment. To escape the "prisoner’s dilemma" European corporations and their global counterparts have found themselves in, help is needed in the form of EU hard law to advocate sustainability through mandatory rules. This book argues that the necessity of these laws is based on the first-mover’s advantage of such corporate law approach towards sustainable development. In the current EU law environment, where codification of corporate law is sought for, forming and defining a general EU policy could not only help corporations embrace this self-enlightened behaviour but could also build the necessary "EU corporate citizenship" atmosphere. Considering the developments in the field of CSR as attempts to mitigate negative externalities resulting from inappropriate shareholder primacy use, the book is centred around a discussion of the shareholder primacy paradigm, its legal position and its (un)suitability for modern global business. Going beyond solely legal analysis, juxtaposing legal principles and argumentation with economic theoretic approaches and, more importantly, real-life examples, this book is accessible to both professionals and academics working within the fields of business, economics, corporate governance and corporate law.

Author : Klaus J. Hopt
Publisher : Unknown
Page : 976 pages
File Size : 40,9 Mb
Release : 2005
Category : Corporate governance
ISBN : UCSD:31822035433143

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Corporate Governance in Context by Klaus J. Hopt Pdf

Increased regulatory competition has sharpened the comparative awareness of advantages or disadvantages of different national models of political economy, economic organization, governance and regulation. Although institutional change is slow and subject to functional complementarities as wellas social and cultural entrenchment, at least some features of successful modern market economies have been in the process of converging over the last decades. The most important change is a shift in governance from state to the market. As bureaucratic ex-ante control is replaced by judicial ex-postcontrol, administrative discretion is replaced by the rule of law as guidelines for the economy. Furthermore, at least to some extent, public enforcement is being reduced in favor of private enforcement by way of disclosure, enhanced liability, and correspondent litigation for damages. Corporatistapproaches to governance are giving way to market approaches, and outsider and market-oriented corporate governance models seem to be replacing insider-based regimes.This transition is far from smooth and poses a daunting challenge to regulators and academics trying to redefine the fundamental governance and regulatory setting. They are confronted with the task of making or keeping the national regulatory structure attractive to investors in the face ofcompetitive pressures from other jurisdictions to adopt state-of-the-art solutions. At the same time, however, they must establish a coherent institutional framework that accommodates the efficient, modern rules with the existing and hard-to-change institutional setting. These challenges - put in acomparative and interdisciplinary perspective - are the subject of the book. As a reflection of the transnationality of the issues addressed, the world's three leading economies and their legal systems are included on an equal basis: the EU, the U.S., and Japan across each of the subtopics ofcorporations, bureaucracy and regulation, markets, and intermediaries.

Author : Massimo Belcredi,Guido Ferrarini
Publisher : Cambridge University Press
Page : 453 pages
File Size : 51,8 Mb
Release : 2013-10-10
Category : Business & Economics
ISBN : 9781107040564

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Boards and Shareholders in European Listed Companies by Massimo Belcredi,Guido Ferrarini Pdf

Is European Corporate Governance really dysfunctional? An analysis of European reform proposals based on new, comparative evidence.

Author : Jean J. du Plessis,Bernhard Großfeld,Claus Luttermann,Ingo Saenger,Otto Sandrock
Publisher : Springer Science & Business Media
Page : 286 pages
File Size : 46,5 Mb
Release : 2007-06-30
Category : Law
ISBN : 9783540711872

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German Corporate Governance in International and European Context by Jean J. du Plessis,Bernhard Großfeld,Claus Luttermann,Ingo Saenger,Otto Sandrock Pdf

This book provides a comprehensive overview of the German corporate governance model to English speaking readers. It provides an introduction to the unique features of German Business and Enterprise Law. The book deals with the most important company organs, namely the General Meeting, the Management Board and the Supervisory Board. It also covers the unique interplay among these organs and details the particular dynamics of the German two-tier board structure. It gives insight into Accounting as the Documentary Proof of Good Corporate Governance. In addition, coverage examines the dominant role of the German banks and new players in the German financial markets.

Author : European Confederation of Institutes of Internal Auditing (ECIIA),Bernd Schartmann
Publisher : Erich Schmidt Verlag GmbH & Co KG
Page : 144 pages
File Size : 53,5 Mb
Release : 2007-03-12
Category : Auditing, Internal
ISBN : 3503100563

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The Role of Internal Audit in Corporate Governance in Europe by European Confederation of Institutes of Internal Auditing (ECIIA),Bernd Schartmann Pdf

Based on a survey between all national Institutes of Internal Auditing in Europe this book shows a widespread picture of European Corporate Governance activities and Internal Audit: - Specific questions regarding the current involvement of Internal Audit in Corporate Governance aspects; - the State of the art of Internal Audit: position, scope and quality management; - Focal points for improving the role of Internal Audit in Corporate Governance in Europe. All insights of the book are concentrated on European companies and offer European solutions for Internal Auditing. They are empirically founded and written in a clear and direct way for practical use. This is the first work for the European profession of Internal Audit that formulates eight focal points for improving the role of Internal Audit in Corporate Governance in Europe. The book shows how Internal Audit can fundamentally strengthen good Corporate Governance.