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来源类型Working Paper
规范类型报告
DOI10.3386/w11062
来源IDWorking Paper 11062
The Global History of Corporate Governance: An Introduction
Randall K. Morck; Lloyd Steier
发表日期2005-01-24
出版年2005
语种英语
摘要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.
主题Financial Economics ; Corporate Finance ; History ; Financial History
URLhttps://www.nber.org/papers/w11062
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/568697
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Randall K. Morck,Lloyd Steier. The Global History of Corporate Governance: An Introduction. 2005.
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