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.
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Alessio M. Pacces is Professor of Law and Finance at the Erasmus School of Law, Erasmus University Rotterdam and since 2009 he has been a Research Associate of the European Corporate Governance Institute (ECGI). Before joining academia, Professor Pacces was a senior researcher in the Law and Economics Research Department of the Bank of Italy, a financial economist at the Italian Securities Authority (Consob), and he served as junior officer in the Italian Financial Police. His research is mainly concerned with the economic analysis of corporate law and of financial regulation.
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Gebunden. Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The standard approach to the legal foundations of corporate governance is based on the view that corporate law promotes separation of ownership and control by protecting non-controlling shareholders from expropriation. This book takes a broader perspecti. Nº de ref. del artículo: 594650263
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Condición: New. Takes a comparative law and economics approach to the study of corporate governance. This book looks at the overall impact of corporate law on separation of ownership and control across different jurisdictions and in doing so reappraises the existing framework for economic analysis of corporate law. Series: Routledge Research in Corporate Law. Num Pages: 496 pages, black & white illustrations. BIC Classification: LNCD. Category: (P) Professional & Vocational. Dimension: 241 x 164 x 41. Weight in Grams: 876. . 2012. 1st Edition. hardcover. . . . . Nº de ref. del artículo: V9780415565196
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