02438nam a2200325 a 4500942000700000999001700007001001400024003000400038008004100042020001500083020001800098020001800116020001800134039006200152040000600214041000800220082001200228099001000240100004800250245019700298260004000495520131600535650002201851650003201873650004301905650005301948650001502001650002902016856006702045 c10 c66020d66020vtls000069316MTX160715s2011 001 0 eng d a0226525279 a9780226525273 a9780226525280 a9780226525297 9a201607151111bstaffc1dSTAFF MATRIXc201306272316dVLOAD a 0 aeng a340/.11 aEbook1 aCurtis J. Milhaupt;Katharina Pistor.919189 aLaw and capitalism:bwhat corporate crises reveal about legal systems and economic development around the world/h[electronic resource]cLaw and capitalism/Curtis J. Milhaupt;Katharina Pistor. bUniversity of Chicago Press,c2008. aRecent 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. aCapitalism919190 aCorporate governance919191 aIndustrial laws and legislation919192 aIndustrial organization (Economic theory)919193 aLaw933294 aLaw and economics91919541uhttp://portal.igpublish.com/iglibrary/search/UCHIB0000442.html