Incentive Bargaining and Corporate Governance

Nyhet

Comparative Enterprise Law among the US, Japan, and China

Inbunden, Engelska, 2026

Av Zenichi Shishido, Wei Shen, Tokyo) Shishido, Zenichi (Musashino University, China) Shen, Wei (Shanghai Jiao Tong University

1 789 kr

Kommande

This comparative analysis of business systems examines firms and enterprises across three major economies in the world: the US, China and Japan. It asks how the law relates to business practice, economic growth and social development; and how enterprise law maximizes firm value in these three jurisdictions. The divergent legal, social and economic approaches towards the market, firms, and business and corporate law in these three major economies justify a close scrutiny of enterprise law with the aim of better understanding legal and economic models for social and economic development in a comparative context. This book will be of interest to academics and practitioners in law, business, management, public policy, political science, and economics. It offers a useful framework for legislative policy makers across the world - particularly in developing countries.

Produktinformation

Utgivningsdatum2026-02-28
Vikt500 g
FormatInbunden
SpråkEngelska
SerieElements in Psychology and Culture
Antal sidor273
FörlagCambridge University Press
ISBN9781009152785

Tillhör följande kategorier

Internationell ekonomi inom Ekonomi och ledarskap
Entreprenörskap inom Ekonomi och ledarskap
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Bolagsrätt inom Juridik

Zenichi Shishido is Professor of Law at Musashino University, Tokyo, Professor Emeritus at Hitotsubashi University, Tokyo, and has been a Visiting Professor at Harvard University, Columbia University, Duke University and the University of California, Berkeley. Wei Shen is KoGuan Distinguished Professor of Law at Shanghai Jiao Tong University KoGuan School of Law, and has been a visiting professor at New York University School of Law, Michigan Law School, University of Pennsylvania Carey Law School, National University of Singapore Faculty of Law, among others.

Introduction; Part I. Theory and Framework: 1. The framework of analysis; 2. Corporate governance and state; Part II. Management: Executives and Monitors: 3. Incentive of management; 4. Board systems; Part III. Other Three Players and Incentive Bargaining; 5. Employees; 6. Shareholder I: external governance by voice; 7. Shareholder II: external governance by exit: mergers and acquisitions; 8. Creditors; Part IV. Types of Firms: 9. Start-ups and venture capital markets; 10. Listed family firms; Part V. Legislative Policies: 11. Law-making and incentive bargaining; References; Index.

'Shishido and Shen deploy a powerful game-theoretic lens to make sense of the way that the stakeholders of firms in the United States, Japan, and China navigate radically different legal systems. This synoptic account of how managers, employees, creditors, shareholders, and governments interact across these three jurisdictions provides insight into enterprise law everywhere.' Douglas Baird, Harry A. Bigelow Distinguished Service Professor of Law, University of Chicago