Skip to content
Open global navigation

Cambridge University Press

AcademicLocation selectorSearch toggleMain navigation toggle
Cart
Register Sign in Wishlist

Corporate Governance in the Common-Law World
The Political Foundations of Shareholder Power

$37.99

  • Publication planned for: October 2014
  • availability: Available
  • format: Paperback
  • isbn: 9781107459434

$37.99
Paperback

Add to cart Add to wishlist

Other available formats:
Hardback, eBook


Looking for an examination copy?

If you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • The corporate governance systems of Australia, Canada, the United Kingdom, and the United States are often characterized as a single “Anglo-American” system prioritizing shareholders' interests over those of other corporate stakeholders. Such generalizations, however, obscure substantial differences across the common-law world. Contrary to popular belief, shareholders in the United Kingdom and jurisdictions following its lead are far more powerful and central to the aims of the corporation than are shareholders in the United States. This book presents a new comparative theory to explain this divergence and explores the theory's ramifications for law and public policy. Bruner argues that regulatory structures affecting other stakeholders' interests – notably differing degrees of social welfare protection for employees – have decisively impacted the degree of political opposition to shareholder-centric policies across the common-law world. These dynamics remain powerful forces today, and understanding them will be vital as post-crisis reforms continue to take shape.

    • Interdisciplinary, drawing upon law, political science and sociology to appeal to scholars in all of these fields and potentially others including business, economics and finance
    • Illuminates social and political connections across diverse fields of law and policy not typically thought to impact one another - notably corporate law and social welfare policy
    Read more

    Reviews & endorsements

    "Christopher Bruner's stimulating new book is a distinctive and important contribution to the burgeoning literature on comparative corporate governance. Bruner argues persuasively that within the common law world differences between countries are nearly as pronounced as the similarities and explains this pattern by way of provocative politically oriented theory."
    Brian Cheffins, University of Cambridge

    "… Bruner’s insights are a revelation … [H]e has identified a critical, new dimension of our understanding of corporate law."
    David Skeel, Texas Law Review

    "[T]his book is a work of monumental significance and scholarly craft. It is impeccably researched, beautifully written, and its claims are both forceful and highly persuasive. It is an absolute must for anyone seeking to form a holistic understanding of how corporate law and governance relate to their broader social-institutional context, as well as an excellent primer on the key comparative features of the world’s principal common law systems. In writing this pioneering work, Bruner has undoubtedly earned the right to sit at the very top table of international corporate law scholarship. One can only hope that future research in the field will advance this fascinating line of enquiry yet further."
    Marc Moore, University College London

    See more reviews

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Publication planned for: October 2014
    • format: Paperback
    • isbn: 9781107459434
    • length: 318 pages
    • dimensions: 229 x 152 x 17 mm
    • weight: 0.43kg
    • contains: 9 b/w illus.
    • availability: Available
  • Table of Contents

    Part I. Shareholder Orientation in the Common-Law World:
    1. Introduction and overview
    2. Comparative theory and corporate governance
    3. The corporate governance role of shareholders in common-law jurisdictions
    Part II. A Political Theory of Corporate Governance in the Common-Law World:
    4. Comparative theories of corporate governance
    5. Shareholders, stakeholders, and social welfare policy
    Part III. The Theory's Explanatory Domain:
    6. Stability, change, and the future of corporate governance in the common-law world.

  • Author

    Christopher M. Bruner, Washington and Lee University School of Law
    Christopher M. Bruner is an Associate Professor at the Washington and Lee University School of Law. His teaching and scholarship focus on corporate law and securities regulation, including international and comparative dimensions of these subjects. Bruner's articles have appeared in a variety of law and policy journals. His comparative study of corporate governance in the United Kingdom and the United States, Power and Purpose in the 'Anglo-American' Corporation, won the 2010 Association of American Law Schools Scholarly Papers competition.

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email cflack@cambridge.org

Register Sign in
Please note that an additional password is required to open the solutions file once you have downloaded it. Contact collegesales@cambridge.org for this password.

» Proceed

You are now leaving the Cambridge University Press website, your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Find content that relates to you

© Cambridge University Press 2014

Back to top

Are you sure you want to delete your account?

This cannot be undone.

Cancel Delete

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×