Description
Book SynopsisThe Sabanes-Oxley Act has been one of the most significant developments in corporate and securities regulation since the New Deal. This collection of important articles would be a valuable resource for anyone seeking to understand Sabanes-Oxley''s far-reaching effects on corporate governance in the United States and elsewhere.
Jesse Fried, coauthor of
Pay Without Performance: The Unfulfilled Promise of Executive Compensation and Professor of Law at the University of California, Berkeley
The editors have assembled the latest cutting-edge research on international corporate governance by respected academics in this field. In this handbook, the editors deal with all aspects of the significant legislative changes to corporate governance regulation. It introduces the reader to the new rules that will certainly improve the reliability and the accuracy of disclosures made by corporations. The book comes at the right moment with the recent scandals such as Enron, which will ed
Table of Contents
Preface.
Acknowledgments.
About the Editors.
About the Authors.
PART ONE: FRAMEWORK OF CORPORATE GOVERNANCE.
Chapter 1. The Ethics of Corporate Governance: What would the 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 Oriented Approach to Socially Responsible Organizations (Marijan Cingula).
Chapter 5. The Impact of the New Corporate Governance Code on the Belgian Stock Market (Albert Corhay, Andree Dighaye and Pierre-Armand Michel).
PART TWO: CORPORATE GOVERNANCE AND THE GLOBAL FINANCIAL MARKETS.
Chapter 6. Corporate Governance of Hedge Funds (Robert Christopherson, Greg N. Gregoriou and William R. Kelting).
Chapter 7. Corporate Governance Reform in Australia: The Intersection of Investment Fiduciaries and Issuers (Martin Gold).
Chapter 8. Corporate Social Responsibility and Fiduciary Investment in Australia (Paul U. Ali).
Chapter 9. Issuers’ Liability for Financial Information 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 and Sven Kehren).
Chapter 12. The Effectiveness of Shareholders Meetings: An Overview of Recent Developments (Gregory F. Maassen and Darrell Brown).
Chapter 13. The Market for Corporate Control and the Implications of the Takeover Directive (2004/25) (Blanaid Clarke).
PART FOUR: ACCOUNTABILITY OF DIRECTORS AND EXECUTIVES.
Chapter 14. Board Power Relations and the Impact of the UK’s Combined Code on Corporate Governance (Timothy J. Nichol).
Chapter 15. CEO Compensation in Australia’s Largest Companies (Geof Stapledon).
Chapter 16. Directors’ and Officers’ Liability in France (Alain-Xavier Briatte and Michael Julian).
Chapter 17. Independent Directorship Systems in Greater China (Margaret Wang).
PART FIVE: RESPONSIBILITIES TO STAKEHOLDERS, AND OTHER EMERGING TRENDS IN CORPORATE GOVERNANCE.
Chapter 18. The Primary Stakeholder Relationships: Corporate Governance and Value Creation (Andrea Beretta Zanoni).
Chapter 19. Family Ownership and Corporate Governance (María Sacristán-Navarro and Silvia Gómez-Ansón).
Chapter 20. The European Social Model of Corporate Governance: Prospects for Success in an Enlarged Europe (Irene Lynch Fannon).
Chapter 21. Contract Negotiation and Internal Regulation Mechanisms in a Firm (Hubert de La Bruslerie).
Chapter 22. Prospects and Limits of Corporate Governance Codes (Björn Fasterling).
Chapter 23. Assessing the Effectiveness of Boards of Directors and Individual Directors (Richard Leblanc).
References.
Index.
