02442nam a2200325 a 4500 10 66020 66020 vtls000069316 MTX 160715s2011 001 0 eng d 0226525279 9780226525273 9780226525280 9780226525297 201607151111 staff 1 STAFF MATRIX 201306272316 VLOAD eng 340/.11 Ebook Curtis J. Milhaupt;Katharina Pistor. 19189 Law and capitalism: what corporate crises reveal about legal systems and economic development around the world/ [electronic resource] Law and capitalism/Curtis J. Milhaupt;Katharina Pistor. University of Chicago Press, 2008. Recent high-profile corporate scandals Xsuch as those involving Enron in the United States, Yukos in Russia, and Livedoor in Japan Xdemonstrate challenges to legal regulation of business practices in capitalist economies. Setting forth a new analytic framework for understanding these problems, Law and Capitalism examines such contemporary corporate governance crises in six countries, to shed light on the interaction of legal systems and economic change. This provocative book debunks the simplistic view of laws instrumental function for financial market development and economic growth. Using comparative case studies that address the United States, China, Germany, Japan, Korea, and Russia, Curtis J. Milhaupt and Katharina Pistor argue that a disparate blend of legal and nonlegal mechanisms have supported economic growth around the world. Their groundbreaking findings show that law and markets evolve together in a rolling relationship, and legal systems, including those of the most successful economies, therefore differ significantly in their organizational characteristics. Innovative and insightful, Law and Capitalism will change the way lawyers, economists, policy makers, and business leaders think about legal regulation in an increasingly global market for capital and corporate governance. Capitalism 19190 Corporate governance 19191 Industrial laws and legislation 19192 Industrial organization (Economic theory) 19193 Law 33294 Law and economics 19195 http://portal.igpublish.com/iglibrary/search/UCHIB0000442.html