Kniha Experiments in Financial Democracy Aldo Musacchio

Experiments in Financial Democracy

Corporate Governance and Financial Development in Brazil, 1882-1950

Jazyk: Angličtina
Vazba: Brožovaná
Dostupnost: Skladem u dodavatele
Odesíláme za 14-21 dnů
1 077
This book provides a detailed historical description of the evolution of corporate governance and st...

Informace o knize

Jazyk
Angličtina
Vazba
Kniha - Brožovaná
Vydáno
2015
Stránek
326
EAN
9781107514782
ISBN
1107514789
Enbook ID
09098266
Hmotnost
498
Rozměry
228 x 152 x 25

Kompletní popis

This book provides a detailed historical description of the evolution of corporate governance and stock markets in Brazil in the late nineteenth and twentieth centuries. The analysis details the practices of corporate governance, in particular the rights that shareholders have to restrict the actions of managers, and how that shaped different approaches to corporate finance over time. In the case of Brazil, even if the protections for investors included in national laws were relatively weak before 1940, corporate charters contained a series of provisions that protected minority shareholders against the abuses of large shareholders, managers, or other corporate insiders. The investigation uses the Brazilian case to challenge some of the key findings of a recent literature that argues that legal systems (e.g., common vs. civil law) shape the extent of development of stock and bond markets in different nations.

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