Download or read book Reforming Public and Corporate Governance written by Pyŏng-man An and published by Edward Elgar Publishing. This book was released on 2002 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 13 studies were developed during a three-year research project conducted collaboratively by Hankuk University of Foreign Studies in Seoul, the University of Canberra, and the University of Exeter, and have been presented in various versions at a number of conferences. Focusing on the interaction between public administration and corporate governance, scholars of politics, business, and law analyze and evaluate the rapid changes taking place in the political economy of the three countries, the principles underlying reform in them at different stages of reform, and how the course of the reforms has been influenced by the experience of international models. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Public Law and Private Power written by John Cioffi and published by Cornell University Press. This book was released on 2018-07-05 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Public Law and Private Power, John W. Cioffi argues that the highly politicized reform of corporate governance law has reshaped power relations within the public corporation in favor of financial interests, contributed to the profound crises of contemporary capitalism, and eroded its political foundations. Analyzing the origins of pro-shareholder and pro-financial market reforms in the United States and Germany during the past two decades, Cioffi unravels a double paradox: the expansion of law and the regulatory state at the core of the financially driven neoliberal economic model and the surprising role of Center Left parties in championing the interests of shareholders and the financial sector. Since the early 1990s, changes in law to alter the structure of the corporation and financial markets—two institutional pillars of modern capitalism—highlight the contentious regulatory politics that reshaped the legal architecture of national corporate governance regimes and thus the distribution of power and wealth among managers, investors, and labor. Center Left parties embraced reforms that strengthened shareholder rights as part of a strategy to cultivate the support of the financial sector, promote market-driven firm-level economic adjustment, and appeal to popular outrage over recurrent corporate financial scandals. The reforms played a role in fostering an increasingly unstable financially driven economic order; their implication in the global financial crisis in turn poses a threat to center-left parties and the legitimacy of contemporary finance capitalism.
Download or read book Reforms Opportunities and Challenges for State Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
Download or read book Corporate Governance in Government Corporations written by Michael J. Whincop and published by Routledge. This book was released on 2017-03-02 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many governments across the world have responded to the need for greater efficiency in the delivery of government services by the reorganization of these bureaucracies along the lines of for-profit business corporations. In doing so, governments have relied on the capacity for governance practices to overcome the weaker incentives created by the attenuated 'property rights' that are created in public enterprise.
Download or read book Public Management Reform written by Christopher Pollitt and published by Oxford University Press, USA. This book was released on 2000-01-01 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this major new contribution to a rapidly expanding field, the authors offer an integrated analysis of the wave of management reforms which have swept through so many countries in the last twenty years. The reform trajectories of ten countries are compared, and key differences of approach discussed. Unlike some previous works, this volume affords balanced coverage to the 'New Public Management' (NPM) and the 'non-NPM' or 'reluctant NPM' countries, since it covers Australia, Canada, Finland, France, Germany, the Netherlands, New Zealand, Sweden, the UK and the USA. Unusually, it also includes a preliminary analysis of attempts to improve management within the European Commission.
Download or read book Reforming Public Management and Governance written by John Halligan and published by Edward Elgar Publishing. This book was released on 2020-05-29 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the impact of several decades of public sector reform in four Westminster systems – Australia, Canada, New Zealand and the United Kingdom. Political and managerial change has re-defined roles and relationships and how their public sectors function. Often this occurs in comparable ways because of a common administrative tradition, but choices made in different country contexts also produce divergent outcomes. In analysing the results and implications of reform, fundamental issues of and tensions in public administration and management are addressed.
Download or read book Agendas for Reforming Corporate Governance Capitalism and Democracy written by Shann Turnbull and published by . This book was released on 2004 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporations that are governed on a one-vote per share basis create a plutocracy. This undermines democracy as corporations govern most economic activity in nations. Because of this and unexpected corporate failures, significant political constituencies demand that government increases the scope of corporate regulations. This undermines the dynamism of capitalism. When shareholders do not vote or provide directors with their votes, directors become responsible only to themselves, thus creating autocracy. Dictatorships are created when Chief Executives control the appointment of their directors, as occurs with most public or private corporations around the world. Democracy is also undermined when corporations lobby governments with more resources than citizens.Plutocratic governance is reinforced by the ability of corporations to overpay investors with surplus profits. This is one of 14 agenda items raised in this paper for considering improvements in the economic operations and social desirability of corporations. The science of governance identifies the need to involve stakeholders to achieve self-governance. Besides reducing government regulation to strengthen capitalism, self-governance enriches democracy. A tax policy is suggested to provide the incentive for shareholders to voluntary change corporate constitutions to transfer surplus profits to stakeholders to supplement the gap in pension incomes as the population ages. To support the political and social legitimacy of large corporations, controlled by one share one vote, democratically elected shareholder and stakeholder forums are proposed in addition, to privately manage conflicts and improve operations. Improvements in the efficiency and reliability of corporations and the capital markets are envisaged while reducing the cost of government.
Download or read book Corporate Governance in Public Sector Enterprises written by S. M. Dewan and published by Pearson Education India. This book was released on 2006 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book attempts to understand issues of corporate governance in the case of the public sector units in India.
Download or read book Reforming Public Institutions and Strengthening Governance written by World Bank. Public Sector Board and published by World Bank Publications. This book was released on 2003 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report seeks to assess the progress to date in implementing the World Bank's strategy for governance and public sector reform. It also highlights specific challenges and approaches of individual regions, the Development Research Group and the World Bank Institute.
Download or read book FROM GOVERNING TO GOVERNANCE A process of change written by and published by University of Tampere. This book was released on with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Convergence and Persistence in Corporate Governance written by Jeffrey N. Gordon and published by Cambridge University Press. This book was released on 2004-04-08 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance is on the reform agenda all over the world. How will global economic integration affect the different systems of corporate ownership and governance? Is the Anglo-American model of shareholder capitalism destined to become the template for a converging global corporate governance standard or will the differences persist? This reader contains classic work from leading scholars addressing this question as well as several new essays. In a sophisticated political economy analysis that is also attuned to the legal framework, the authors bring to bear efficiency arguments, politics, institutional economics, international relations, industrial organization, and property rights. These questions have become even more important in light of the post-Enron corporate governance crisis in the United States and the European Union's repeated efforts at corporate integration. This will become a key text for postgraduates and academics.
Download or read book Complementarities in Corporate Governance written by Ralph P. Heinrich and published by Springer Science & Business Media. This book was released on 2002-06-04 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance reform is currently on the agenda in the European Union, the United States, Japan and in emerging market economies. This book takes a fresh look at the reform debate by focusing on the trade-offs involved in reconciling the diverging interests of shareholders, creditors and managers. It shows how effective corporate governance systems exploit complementarities between the incentives generated by the capital structure, the ownership structure, investor monitoring, takeover threats, and management compensation to minimize the sum of all agency costs facing the public corporation. The book combines a general theoretical treatment with a detailed study of the institutions of corporate governance in Germany, Japan and the United States and a critical assessment of recent reforms.
Download or read book Reforming Corporate Governance written by Álvaro Clarke de la Cerda and published by . This book was released on 2009 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Corporate Governance of State Owned Enterprises Change and Reform in OECD Countries since 2005 written by OECD and published by OECD Publishing. This book was released on 2011-09-14 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2005, OECD published a stocktaking of the corporate governance framework in the Organisation’s member countries. This publication was the basis on which the OECD Guidelines on Corporate Governance of State-Owned Enterprises (the “SOE Guidelines ...
Download or read book The Recurrent Crisis in Corporate Governance written by Paul W. MacAvoy and published by Stanford University Press. This book was released on 2004 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taking a close look at American corporate governance, the authors show what is missing in today's corporate governance, and support a case for activating the board of directors to put new controls on management and take responsibility for the result.
Download or read book Reforming Regulation of Corporate Governance written by Kenneth Lehn and published by . This book was released on 2006 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the revelation of accounting scandals at Enron, Worldcom, and several other high profile companies (quot;Enron et al.quot;) five years ago, there has been unprecedented public focus on U.S. corporate governance. A common view, articulated by many journalists, politicians, and public pundits is that these scandals were indicative of a crisis that eroded investor confidence in U.S. corporations. This paper makes the argument that the increase in resources allocated to securities enforcement and the substantial penalties meted out to executives convicted of accounting fraud have dramatically reduced the incentive to engage in Enron-like behavior.
Download or read book The Government as Dominant Shareholder written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy and published by . This book was released on 2011 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
