Roe Strong Managers, Weak Owners

The Political Roots of American Corporate Finance
Course Book
ISBN: 978-1-4008-2138-9
Verlag: De Gruyter
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 342 Seiten

No detailed description available for "Strong Managers, Weak Owners".

Autoren/Hrsg.

Roe, Mark J.

Fachgebiete

• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte

Inhaltsverzeichnis

Preface

Introduction

Pt. I The Economic Paradigm 1

Ch. 1 Diffuse Ownership as Natural Economic Evolution 3

Ch. 2 Fragmentation's Costs 9

Pt. II The Political Paradigm 19

Ch. 3 Diffuse Ownership as Political Product 21

Ch. 4 A Political Theory 26

Pt. III The Historical Evidence 51

Ch. 5 Banks 54

Ch. 6 Insurers 60

Ch. 7 Banks Again 94

Ch. 8 Mutual Funds 102

Ch. 9 Pension Funds 124

Pt. IV The Contemporary and Comparative Evidence 147

Ch. 10 Takeovers 151

Ch. 11 Corporate Ownership in Germany and Japan 169

Ch. 12 A Small Comparative Test of the Political Theory 187

Ch. 13 Counterpoint I 198

Ch. 14 Political Evolution in Germany and Japan? 210

Ch. 15 Trends in the United States 222

Ch. 16 An American Crossroads 226

Pt. V Policy Recommendations 231

Ch. 17 Managers as the Problem? 235

Ch. 18 Short-Term Finance as the Problem? 240

Ch. 19 Industrial Organization as the Problem? 248

Ch. 20 Counterpoint II 254

Ch. 21 Changing the American Ownership Structure? 263

Conclusion 283

Bibliography 289

Acknowledgments 309

Index 311

Über Autor(innen)

Mark J. Roe is a professor at Columbia Law School.