EC Regulation of corporate governance

"Andrew Johnston examines EC regulation of national corporate governance systems through the lenses of economic theory and reflexive governance. By contrasting the normative demands of the neoclassical 'agency' model with those of the productive coalition model, he shows how their inc...

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Bibliographic Details
Main Author: Johnston, Andrew
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Cambridge 2009
Cambridge University Press
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19127320124919455029-eC-Regulation-of-corporate-gov.htm
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author Johnston, Andrew
author_facet Johnston, Andrew
collection Library items
description "Andrew Johnston examines EC regulation of national corporate governance systems through the lenses of economic theory and reflexive governance. By contrasting the normative demands of the neoclassical 'agency' model with those of the productive coalition model, he shows how their incompatibility required political compromise. Reflexive governance theory is then used to explain how progress has been possible. Through detailed analysis of both case law and positive regulation, the author highlights the move from positive to negative integration; the benefits as well as the limits of regulatory competition; and the significant role of reflexive techniques in both preventing market failure and enabling positive integration to proceed. The workable compromise that has emerged between market integration and continued regulatory diversity at national level demonstrates that procedural regulation can steer autonomous social subsystems towards greater responsibility and a better articulation of the public good."
format TEXT
id 19127320124919455029_6c74493beea346f59691c1762d2d0321
institution ETUI-European Trade Union Institute
is_hierarchy_id 19127320124919455029_6c74493beea346f59691c1762d2d0321
is_hierarchy_title EC Regulation of corporate governance
language English
physical XVII, 400 p.
Paper
publishDate 2009
publisher Cambridge
Cambridge University Press
spellingShingle Johnston, Andrew
EU Regulation
European company
labour law
soft law
corporate governance
EC Regulation of corporate governance
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=122406894068
title EC Regulation of corporate governance
topic EU Regulation
European company
labour law
soft law
corporate governance
url https://www.labourline.org/KENTIKA-19127320124919455029-eC-Regulation-of-corporate-gov.htm