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Corporate Governance Lessons from Transition Economy Reforms

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ISBN-10: 0691138311

ISBN-13: 9780691138312

Edition: 2008

Authors: Merritt B. Fox, Michael A. Heller, Michael Heller, Michael Heller

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Most sophisticated theoretical works on corporate governance has focused on advanced market economies. This edited volume focuses on the reverse concern: what, if anything, do the reform experiences of transition countries teach about corporate governance theory more generally?
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Book details

Copyright year: 2008
Publisher: Princeton University Press
Publication date: 11/2/2008
Binding: Paperback
Pages: 432
Size: 6.00" wide x 9.00" long x 1.25" tall
Weight: 1.232
Language: English

Introduction
Framework
What Is Good Corporate Governance?
The Elements of Good Corporate Governance: Law
Patterns of Legal Change: Shareholder and Creditor Rights in Transition Economies
The Common Law and Economic Growth: Hayek Might Be Right
The Elements of Good Corporate Governance: Owners and Managers
Russian Privatization and Corporate Governance: What Went Wrong?
Why Ownership Matters: Entrepreneurship and the Restructuring of Enterprises in Central Europe
The Elements of Good Corporate Governance: Stock Markets
Corporate Governance in Transitional Economies: Lessons from the Prewar Japanese Cotton Textile Industry
Privatization and Corporate Governance: The Lessons from Securities Market Failure
The Information Content of Stock Markets: Why Do Emerging Markets Have Synchronous Stock Price Movements?
What Does Transition Contribute to Theory?
Conclusion: The Unexplored Role of Initial Conditions
List of Contributors
Index