Corporate Governance and Economic Development

Book description

This book explores the links between different corporate governance systems and their impact on economic development. It focuses on how institutional reforms, legislative changes and codified measures have influenced performance at the firm and country level. Drawing on detailed cases from the UK, USA, China, India, Poland, Brazil, Russia and South Africa, this book takes a truly international and comparative approach to understanding the relationship between regulatory frameworks and economic development.

This will be a valuable text for students and researchers of economic development, corporate governance, international political economy, and economic and business history.

Table of contents

  1. Cover
  2. Half Title
  3. Title
  4. Copyright
  5. Dedication
  6. Contents
  7. List of Abbreviations
  8. 1 Towards an Effective System of Corporate Governance
    1. I. Beyond a Simplistic View of Corporate Governance
    2. II. The Shareholders Versus Stakeholders Dilemma
    3. III. Historical Transformations of the Company Role and Structure
    4. IV. Corporations and Ongoing Processes of Institutional Change
  9. 2 Imperfect System – Lessons From the UK
    1. I. The East India Company and the Path of Institutional Change
    2. II. Emergence of Domestic Corporations – Foundational Legislations
    3. III. The Inter-war Difficulties in the Absence of Professional Managers
    4. IV. From Heavy State Interventionism to Thatcher’s Liberal Reforms
    5. V. Contemporary Shareholders-Centered Corporate Governance Framework
    6. VI. Corporate Governance and Economic Development in the UK
  10. 3 Progress Among Crises – Lessons From the US
    1. I. Early Days: Corporate Charters and the Framing of the US Constitution
    2. II. Anti-trust Laws: Towards the Federalization of Corporate Governance
    3. III. Post-war Institutions, Rights of Corporations, and the Rise of Multinationals
    4. IV. Dealing With Crises: From Sarbanes-Oxley to the Dodd-Frank Act
    5. V. Corporate Governance, the State, and Economic Development in the US
  11. 4 It Is Our Way With Western Characteristics – Lessons From China
    1. I. From the Empire to Socialism: Arbitrary Rules for the Centralized System
    2. II. Partial Open-Door Reforms and Growth Under Extractive Institutions
    3. III. Legislative Reformist Developments on the Road to the WTO
    4. IV. Dilemmas of the Corporate Sector: Private vs. State-Controlled Entities
    5. V. Corporate Governance and Economic Development in China
  12. 5 The Importance of the Family – Lessons From India
    1. I. Colonial Legacy, Family Groups, and Economic Experiments by the State
    2. II. First Crisis-Driven Reforms and the Power of the Establishment
    3. III. Desirable Code and the Business-Government Collusion Problems
    4. IV. Hazards of Low-Risk Corporate Sector and Modi’s Economic Nationalism
    5. V. Corporate Governance, the State, and Economic Development in India
  13. 6 Escalating Problems – Lessons From Russia, Poland, Brazil, and South Africa
    1. I. State-Capitalism and Ominous Corporate Paternalism – Russia
    2. II. Progress Among Remains of the Interventionist Economy – Poland
    3. III. Missed Opportunities and Pitfalls of Protectionist Past – Brazil
    4. IV. High Costs of Incomplete Post-apartheid Transformation – South Africa
    5. V. Corporate Governance, the State, and Economic Transitions
  14. 7 Conclusion
  15. Index

Product information

  • Title: Corporate Governance and Economic Development
  • Author(s): Anna Lanoszka
  • Release date: July 2022
  • Publisher(s): Routledge
  • ISBN: 9780429812125