The economics of corporate governance and mergers
发布日期:2010-06-14 浏览次
【内容简介】This book provides an insightful view of major issues in the economics of corporate governance (CG) and mergers. It presents a systematic update on the developments in the two fields during the last decade as well as highlighting the neglected topics in CG research, such as the role of boards, CG and public interest and the relation of CG to mergers. Two important conclusions can be drawn from this book: the first is that corporate governance systems that better align shareholders' and managers' interests lead to better corporate performance; second, there is an important relationship between CG structures and the quality of firm decision-making, one of the most important being the decision to merge or take over another firm.
【目次】Contents:1. The Economics of Corporate Governance and MergersKlaus Gugler and B. Burcin Yurtoglu
2. Legal Origin, Shareholder Protection and the Stock Market: New Challenges from Time Series AnalysisSonja Fagernas, Prabirjit Sarkar and Ajit Singh
3. Corporate Governance and the Public Interest: The Way ForwardJ. Robert Branston, Keith Cowling and Roger Sugden
4. Corporate Boards of Directors: A Precautionary PerspectiveOliver E. Williamson
5. Corporate Governance: A Review of the Role of BanksHans Degryse, Steven Ongena and Gunseli Tumer-Alkan
6. Competition between Profit Seekers and Non-Profit Firms: The Case of German BankingManfred Neumann, Richard Reichel and Jurgen Weigand
7. Mergers: An OverviewStephen Martin
8. A New Retrospective on MergersF.M. Scherer
9. Mergers and Efficiency: Theory, Empirical Evidence, and Competition Policy in JapanHiroyuki Odagiri
10. UK Corporate Governance and Takeover PerformanceAndy Cosh, Paul Guest and Alan Hughes
11. Mergers and Alliances in Pharmaceuticals: Effects on Innovation and R&D ProductivityHenry Grabowski and Margaret Kyle
12. Endogenous Horizontal Mergers in Dynamic MarketsEngelbert J. Dockner, Andrea Gaunersdorfer and Steffen Jorgensen
13. Vertical Mergers in Markets with Network EffectsGerhard Clemenz
14. The Impact of Competition on Macroeconomic PerformanceKarl Aiginger
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