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|a UAMI
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|a Johnston, Andrew,
|d 1971-
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|a EC regulation of corporate governance /
|c Andrew Johnston.
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|a European Community regulation of corporate governance
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|a Cambridge [U.K.] ;
|a New York, N.Y. :
|b Cambridge University Press,
|c 2009.
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|a 1 online resource (xvii, 400 pages)
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|a text
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|a International corporate law and financial market regulation
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|a Includes bibliographical references (pages 365-386) and index.
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|a The shareholder value model -- The productive coalition model -- Harmonisation -- Negative interaction -- Variety and integration : reflexive corporate governance regulation -- The European Company Statute and the Takeover Directive -- Capital market regulation -- 'Labour law' regulation -- 'Soft law'.
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|a "Andrew Johnston examines EC regulation of national corporate governance systems through the lenses of economic theory and reflexive governance. By contrasting the normative demands of the neoclassical 'agency' model with those of the productive coalition model, he shows how their incompatibility required political compromise. Reflexive governance theory is then used to explain how progress has been possible. Through detailed analysis of both case law and positive regulation, the author highlights the move from positive to negative integration; the benefits as well as the limits of regulatory competition; and the significant role of reflexive techniques in both preventing market failure and enabling positive integration to proceed. The workable compromise that has emerged between market integration and continued regulatory diversity at national level demonstrates that procedural regulation can steer autonomous social subsystems towards greater responsibility and a better articulation of the public good"--Provided by publisher.
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|a Print version record.
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|a Europäische Union
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|a Corporate governance
|x Law and legislation
|z European Union countries.
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|a Capital market
|x Law and legislation
|z European Union countries.
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650 |
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|a Conflict of laws
|x Corporations
|z European Union countries.
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|a Sociétés (Droit international privé)
|z Pays de l'Union européenne.
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|a Corporate governance
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|a European Union countries
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|a Corporate Governance
|2 gnd
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|a Europäische Union.
|2 swd
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|i Print version:
|a Johnston, Andrew, 1971-
|t EC regulation of corporate governance.
|d Cambridge [U.K.] ; New York, N.Y. : Cambridge University Press, 2009
|z 9780521876674
|w (DLC) 2009032960
|w (OCoLC)351329807
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|a International corporate law and financial market regulation.
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|a Askews and Holts Library Services
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