Author Description
Much Discussion On Corporate Governance Assumes Companies Are Owned And Controlled Separately, Yet This Is Not The Norm Worldwide. This Book Explores The Foundations Of Separation In Uk Companies, Asking How The Company Came To Prominence And Why And How The Uk Stock Market Came To Be Dominated By Institutional Shareholders.
Menrva's Summary
THE THESIS
This book investigates the historical origins and structural evolution of the separation of corporate ownership and control within the United Kingdom. Brian R. Cheffins, a legal scholar specializing in corporate governance, utilizes historical data and economic analysis to challenge the assumption that the separation of ownership and control is a universal corporate norm. He examines the specific trajectory of UK companies to explain how the stock market became dominated by institutional shareholders and how the modern corporate structure emerged.
THE SCOPE MAP
What You Will Find
- Historical analysis of the development of UK corporate governance from the 19th century to the present.
- Examination of the rise of institutional investors as the primary force in the UK stock market.
- Comparative analysis of corporate ownership models across different global jurisdictions.
Scope Limits
- The text focuses primarily on the United Kingdom and does not provide an exhaustive global survey of all corporate systems.
- It does not serve as a practical handbook for day-to-day corporate management or board operations.
THE AUTHORITY PERSPECTIVE
Experts recognize this work as a significant contribution to the historical understanding of corporate governance structures. Readers frequently note the academic density of the prose, which makes it a valuable resource for researchers and students of financial history.
Page Count:
423
Publication Date:
1900-01-01
ISBN-10:
0191717266
ISBN-13:
9780191717260
Economics
History
Business
Law
Finance
Corporate governance