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Corporate Governance in the US and Europe: Where Are We Now? Read chapter Read first chapter

2006 | OriginalPaper | Chapter

Colin Mayer on Corporate Governance Systems — How Much Convergence?

Published in: Corporate Governance in the US and Europe

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Competition between states with different corporate governance frameworks could be beneficial, as it enables firms to choose the most appropriate place of incorporation for their business model. Against this background, it is not surprising that difficulties have been encountered in trying to implement a European Takeover Directive. Opposition to it reflects fundamental differences of view about the role of markets in corporate control in promoting capital market efficiency and the rights and obligations of shareholders.

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previous chapter Jonathan Rickford on Corporate Governance Systems — How Much Convergence?
next chapter Steven N. Kaplan on the State of US Corporate Boards and Governance: What is Right and Wrong?
Metadata
Title
Colin Mayer on Corporate Governance Systems — How Much Convergence?
Copyright Year
2006
Book
Corporate Governance in the US and Europe

Print ISBN: 978-1-349-54717-3

Electronic ISBN: 978-0-230-51245-0

Copyright Year: 2006

DOI
https://doi.org/10.1057/9780230512450_4