返回Google圖書搜尋

Corporate Governance and Control

出版	National Bureau of Economic Research, 2002
URL	http://books.google.com.hk/books?id=Jj3ih15vZBIC&hl=&source=gbs_api

註釋Corporate governance is concerned with the resolution of collective action problems among dispersed investors and the reconciliation of conflicts of interest between various corporate claimholders. In this survey we review the theoretical and empirical research on the main mechanisms of corporate control, discuss the main legal and regulatory institutions in different countries, and examine the comparative corporate governance literature. A fundamental dilemma of corporate governance emerges from this overview: regulation of large shareholder intervention may provide better protection to small shareholders; but such regulations may increase managerial discretion and scope for abuse.