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_bstaff
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_dSTAFF MATRIX
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040 _a
041 0 _aeng
082 _a340/.11
099 _aEbook
100 1 _aCurtis J. Milhaupt;Katharina Pistor.
_919189
245 _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.
260 _bUniversity of Chicago Press,
_c2008.
520 _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.
650 _aCapitalism
_919190
650 _aCorporate governance
_919191
650 _aIndustrial laws and legislation
_919192
650 _aIndustrial organization (Economic theory)
_919193
650 _aLaw
_933294
650 _aLaw and economics
_919195
856 4 1 _uhttp://portal.igpublish.com/iglibrary/search/UCHIB0000442.html