The Japanization of American corporate governance? Evidence of the never-ending history for corporate law

• Main Author: PUCHNIAK, Dan W.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2007
• Subjects: Comparative corporate governance; corporate governance convergence; corporate governance models; Japanese corporate governance; shareholder primacy; dispersed shareholding; hostile takeovers; main bank monitoring; concentrated shareholding; poison pill; staggered board; director primacy; Business Organizations Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/4016; https://ink.library.smu.edu.sg/context/sol_research/article/5974/viewcontent/APLPJ_09.1_puchniak.pdf
• Institution: Singapore Management University

The debate over corporate governance convergence has been heated for years and has created a cottage industry of experts. It is premised on the false assumption that American corporate governance has reached the end of its evolution by adopting a shareholder primacy and dispersed shareholding govern...