Ali / Gregoriou International Corporate Governance After Sarbanes-Oxley

1. Auflage 2006
ISBN: 978-0-471-78842-3
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 608 Seiten, E-Book

Reihe: Wiley Finance Editions

"The Sabanes-Oxley Act has been one of the most significantdevelopments in corporate and securities regulation since the NewDeal. This collection of important articles would be a valuableresource for anyone seeking to understand Sabanes-Oxley'sfar-reaching effects on corporate governance in the United Statesand elsewhere."
--Jesse Fried, coauthor of Pay Without Performance: TheUnfulfilled Promise of Executive Compensation and Professor ofLaw at the University of California, Berkeley
"The editors have assembled the latest cutting-edge research oninternational corporate governance by respected academics in thisfield. In this handbook, the editors deal with all aspects of thesignificant legislative changes to corporate governance regulation.It introduces the reader to the new rules that will certainlyimprove the reliability and the accuracy of disclosures made bycorporations. The book comes at the right moment with the recentscandals such as Enron, which will educate all readers especiallyshareholders of corporate stock."
--Komlan Sedzro, Professor of Finance, University of Quebec atMontreal
"Today, corporate governance is a topic at the center of publicpolicy debate in most industrialized countries. The range ofconcerns; the variety of approaches; and their tendency to convergein some areas or diverge in others (not always in the rightdirections) are emphatically demonstrated by these essays. There ismaterial here of enormous interest for scholars of comparative lawand economic regulation. And significantly, the presentation ofessays from legal, financial, and regulatory viewpointsdemonstrates the growing practical as well as theoretical utilityof interdisciplinary work in this area. Professors Ali andGregoriou are to be warmly congratulated for their skill andinitiative in assembling an important publication, as well as fortheir own contributions to interdisciplinary scholarship."
--R. P. Austin, BA, LLM (Sydney), DPhil (Oxon), Supreme Courtof New South Wales
"This very international collection emphasizes the economic lineof descent, while including legal and socio-legal contributions. Itfills a very important gap in our empirical knowledge of corporategovernance. It is accessible and comprehensive and will greatlyassist readers from all relevant disciplines, who are trying todiscern the shape of corporate governance as a mature field."
--Dimity Kingsford Smith, Professor of Law, University of NewSouth Wales

Autoren/Hrsg.

Ali, Paul

Gregoriou, Greg N.

Inhaltsverzeichnis

Preface.
Acknowledgments.
About the Editors.
About the Authors.
PART ONE: FRAMEWORK OF CORPORATE GOVERNANCE.
Chapter 1. The Ethics of Corporate Governance: What wouldthe Political Philosophers Say? (Colin Read).
Chapter 2. The Politics of Symbolism: Sarbanes-Oxley in Context(Justin O'Brien).
Chapter 3. Governance and Performance Revisited(Øyvind Bøhren and Bernt Arne Ødegaard).
Chapter 4. Corporate Governance as a Process OrientedApproach to Socially Responsible Organizations (MarijanCingula).
Chapter 5. The Impact of the New Corporate Governance Codeon the Belgian Stock Market (Albert Corhay, Andree Dighaye andPierre-Armand Michel).
PART TWO: CORPORATE GOVERNANCE AND THE GLOBAL FINANCIALMARKETS.
Chapter 6. Corporate Governance of Hedge Funds (RobertChristopherson, Greg N. Gregoriou and William R. Kelting).
Chapter 7. Corporate Governance Reform in Australia: TheIntersection of Investment Fiduciaries and Issuers (MartinGold).
Chapter 8. Corporate Social Responsibility and FiduciaryInvestment in Australia (Paul U. Ali).
Chapter 9. Issuers' Liability for FinancialInformation as an Instrument of Corporate Governance Enforcement(Clemens Völkl).
Chapter 10. Investing in Death/Speculating on Mortality:Some Thoughts on Life Insurance Securitization (Paul U. Ali).
PART THREE: SHARE OWNERSHIP AND SHAREHOLDER CONTROL RIGHTS.
Chapter 11. Ownership Structure Metrics (Stefan Prigge andSven Kehren).
Chapter 12. The Effectiveness of Shareholders Meetings: AnOverview of Recent Developments (Gregory F. Maassen and DarrellBrown).
Chapter 13. The Market for Corporate Control and theImplications of the Takeover Directive (2004/25) (BlanaidClarke).
PART FOUR: ACCOUNTABILITY OF DIRECTORS AND EXECUTIVES.
Chapter 14. Board Power Relations and the Impact of theUK's Combined Code on Corporate Governance (Timothy J.Nichol).
Chapter 15. CEO Compensation in Australia's LargestCompanies (Geof Stapledon).
Chapter 16. Directors' and Officers' Liability inFrance (Alain-Xavier Briatte and Michael Julian).
Chapter 17. Independent Directorship Systems in GreaterChina (Margaret Wang).
PART FIVE: RESPONSIBILITIES TO STAKEHOLDERS, AND OTHER EMERGINGTRENDS IN CORPORATE GOVERNANCE.
Chapter 18. The Primary Stakeholder Relationships: CorporateGovernance and Value Creation (Andrea Beretta Zanoni).
Chapter 19. Family Ownership and Corporate Governance(María Sacristán-Navarro and SilviaGómez-Ansón).
Chapter 20. The European Social Model of Corporate Governance:Prospects for Success in an Enlarged Europe (Irene LynchFannon).
Chapter 21. Contract Negotiation and Internal RegulationMechanisms in a Firm (Hubert de La Bruslerie).
Chapter 22. Prospects and Limits of Corporate GovernanceCodes (Björn Fasterling).
Chapter 23. Assessing the Effectiveness of Boards ofDirectors and Individual Directors (Richard Leblanc).
References.
Index.

Über Autor(innen)

Paul U. Ali is an Associate-Professor in the Faculty of Law,University of New South Wales, Sydney, Australia. Paul waspreviously a lawyer in Sydney, specialising in corporate finance,securitization and structured finance. He was part of the corporateadvisory team that advised the Australian Mutual Provident Society,the largest Australian life company, on its demutualization and thereconstruction of its group, and the IPO of a new holding company,AMP Limited, on the Australian and New Zealand Stock Exchanges in1998 (the then largest IPO ever in Australia). Paul has publishedseveral books and articles, including articles on finance law inDerivatives Use, Trading and Regulation, Journal ofAlternative Investments, Journal of BankingRegulation and Journal of International Banking Law andRegulation, and, most recently, has co-edited a book oninnovative securitizations (Securitisation of Derivatives andAlternative Asset Classes, 2005). He holds a SJD from theUniversity of Sydney.
Greg N. Gregoriou is Associate Professor of Finance andcoordinator of faculty research in the School of Business andEconomics at State University of New York, College at Plattsburgh.He obtained his PhD (Finance) from the University of Quebec atMontreal and is the hedge fund editor for the peer-reviewed journalDerivatives Use, Trading and Regulation published by HenryStewart Publications based in the U.K. He has authored over 40articles on hedge funds, and managed futures in various US and UKpeer-reviewed publications, including the Journal of FuturesMarkets, European Journal of Finance, Journal of Asset Management,European Journal of Operational Research, and Annals of OperationsResearch. This is his fourth book with John Wiley &Sons.