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Beschreibung
The theoretical basis of commercial law, corporate governance law, and corporate law is still unsatisfactory. There essentially is no theory of commercial law, and existing theories of corporate governance and corporate law cannot explain the behaviour of firms or the contents of existing regulation. This book proposes a coordinated solution for all three areas. The starting point is that all three areas deal with the organisation of firms. Commercial law, corporate governance, and corporate law are therefore studied from the perspective of the firm rather than that of the judge or the investor. Changing the perspective makes it easier to formulate an "umbrella" theory of commercial law, and theories of corporate governance and corporate law as applications of the main theory. The book provides examples of how the proposed theories work by studying legal corporate governance tools and practices that increase the sustainability of the firm. Sustainability can be bolstered by making the governance model more self-enforcing and ensuring that it fosters innovation.
The theoretical basis of commercial law, corporate governance law, and corporate law is still unsatisfactory. There essentially is no theory of commercial law, and existing theories of corporate governance and corporate law cannot explain the behaviour of firms or the contents of existing regulation. This book proposes a coordinated solution for all three areas. The starting point is that all three areas deal with the organisation of firms. Commercial law, corporate governance, and corporate law are therefore studied from the perspective of the firm rather than that of the judge or the investor. Changing the perspective makes it easier to formulate an "umbrella" theory of commercial law, and theories of corporate governance and corporate law as applications of the main theory. The book provides examples of how the proposed theories work by studying legal corporate governance tools and practices that increase the sustainability of the firm. Sustainability can be bolstered by making the governance model more self-enforcing and ensuring that it fosters innovation.
Zusammenfassung

Provides a theoretical basis for commercial law teaching and research

Helps to explain a broad range of legal phenomena

Challenges the shareholder primacy model

Contains a special chapter on self-enforcing governance models as a way to increase sustainability

Contains a special chapter on the effect of governance models on innovation

Includes supplementary material: [...]

Inhaltsverzeichnis
1. Introduction.- 2. Economic Theories of the Firm.- 3. Theory of Commercial Law: Past Approaches.- 4. Theory of Commercial Law: Management-based Commercial Law.- 5. Theories of Corporate Law and Corporations: Past Approaches.- 6. Legal and Economic Theories of Corporate Governance: Past Approaches.- 7. Theory of Corporate Governance: Proposed Legal Theory.- 8. Self-enforcing Governance Models.- 9. Corporate Governance and Innovation.- 10. Theory of Corporate Law: Proposed Theory.
Details
Erscheinungsjahr: 2014
Fachbereich: Internationales & ausländ. Recht
Genre: Recht, Sozialwissenschaften, Wirtschaft
Produktart: Nachschlagewerke
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Inhalt: vii
167 S.
ISBN-13: 9783642426681
ISBN-10: 3642426689
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Mäntysaari, Petri
Hersteller: Springer
Springer-Verlag GmbH
Verantwortliche Person für die EU: Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 235 x 155 x 10 mm
Von/Mit: Petri Mäntysaari
Erscheinungsdatum: 14.10.2014
Gewicht: 0,277 kg
Artikel-ID: 104914115

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