Corporate Governance Legal Issues

Ownership Structure, Legal Protections and Corporate Governance

This paper surveys the issues and devises an analytical framework for policy makers and policy advisors concerned with corporate governance. The framework takes a functional approach, identifying six functions provided by a governance system. The paper highlights the possibilities and limits to governance reform through the adoption of legal protections and the use of ownership structure. I cau...

Corporate governance after Enron: recommendation and legal responses

Legal Institutions, Corporate Governance and Aggregate Activity: Theory and Evidence∗

This paper investigates the relation between the degree of creditors’ legal protection and corporate decisions and the effects of this interaction on aggregate activity, both theoretically and empirically. We develop a two country general equilibrium model with overlapping generations. We assume asymmetric information in the credit market and we allow individuals to sign collateralized credit c...

Overview of Corporate Governance Issues for Co - operatives

* Dr Linda Shaw is Head of Research and Project Development at the Co-operative College. She has worked in higher and adult education as a researcher and a lecturer at the University of Manchester and the Open University and also within the NGO sector internationally. She has written on gender and labour issues, codes of conduct and most recently on Fair Trade and co-operatives for both academi...

International Issues: Transnational Legal Tensions and Internet Governance