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Boards and shareholders in European listed companies : facts, context and post-crisis reforms : a research project sponsored by Emittenti Titoli S.p.A. /

With contributions by distinguished scholars from legal and financial backgrounds, this collection of essays analyses four main topics in the corporate governance of European listed firms: (i) board structure, composition and functioning and their interaction with ownership structure; (ii) board rem...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Otros Autores: Belcredi, Massimo (Editor ), Ferrarini, Guido (Editor )
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York : Cambridge University Press, 2013.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:With contributions by distinguished scholars from legal and financial backgrounds, this collection of essays analyses four main topics in the corporate governance of European listed firms: (i) board structure, composition and functioning and their interaction with ownership structure; (ii) board remuneration; (iii) shareholder activism and (iv) corporate governance disclosure based on the 'comply or explain' approach. The authors provide new comparative evidence and analyse its implications for the policy debate. They challenge the conventional wisdom that corporate governance in European firms was systematically dysfunctional. While proposals aimed at increasing disclosure and accountability are usually well-grounded, caution is suggested when bringing forward regulatory changes with respect to proposals targeting specific governance arrangements, especially in the fields of board composition and shareholder activism. They argue that the 'comply or explain' principle should be retained and further efforts should be exercised to enhance disclosure.
Descripción Física:1 online resource
Bibliografía:Includes bibliographical references and index.
ISBN:9781107417359
110741735X
9781139629126
1139629123