Rethinking Corporate Governance The Law and Economics of Control Powers |
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| Author:
| Pacces, Alessio |
| Series title: | Routledge Research in Corporate Law Ser. |
| ISBN: | 978-1-135-09941-1 |
| Publication Date: | Jan 2013 |
| Publisher: | Taylor & Francis Group
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| Imprint: | Routledge |
| Book Format: | Digital (delivered electronically) |
| List Price: | USD $52.95USD $190.00USD $190.00 |
Book Description:
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This book reappraises the existing framework for the economic analysis of corporate law, based on three categories of private benefits of control. Analyzed in the US, UK, Italy, Sweden, and the Netherlands, these benefits of control include the distribution of corporate powers, self-dealing, and takeover regulation. Not only does this approach to corporate law explain separation of ownership and control better than investor protection alone, it also suggests that the law can improve...
More Description
This book reappraises the existing framework for the economic analysis of corporate law, based on three categories of private benefits of control. Analyzed in the US, UK, Italy, Sweden, and the Netherlands, these benefits of control include the distribution of corporate powers, self-dealing, and takeover regulation. Not only does this approach to corporate law explain separation of ownership and control better than investor protection alone, it also suggests that the law can improve the efficiency of corporate governance by reducing the potential power of non-controlling shareholders.