The global history of corporate governance
Subtitle: an introduction
By: Randall K. Morck, Lloyd Steier.
Contributors: Steier, Lloyd.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11062; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11062.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Corporate governance -- History.
Description: "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.
Notes: Includes bibliographical references.
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Mode of access: World Wide Web.