Rethinking Corporate Governance: The Law and Economics of Control Powers

By Alessio Pacces

Book Overview

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.

• Format: Hardcover
• Language: English
• ISBN: 0415565197
• ISBN13: 9780415565196
• Release Date: December 2012
• Publisher: Routledge
• Length: 496 Pages
• Weight: 1.91 lbs.
• Dimensions: 1.1" x 6.1" x 9.2"