In the wake of the financial and corporate scandals of recent years, corporate governance increasingly is recognised as being at the heart of understanding how and why businesses are run as they are. But while there are diverse and well-established theories of corporate governance, they are rarely gathered in a coherent and comparative way.

This comprehensive reader brings together the most influential writing in the field, with editorial commentary, to provide a uniquely interdisciplinary resource for students and lecturers that underpins contemporary analysis of corporate governance. Topics covered include:

• the separation of ownership and control
• how economic activity is organised through firms
• the managerial revolution in business
• agency, stewardship and stakeholder theory
• globalization and convergence
• the critique of shareholder value
• post-Enron analysis.

Structured to provide an introduction and overview of corporate governance from the classical theories to contemporary controversies, this reader functions either as a stand-alone text, or as a companion to International Corporate Governance, a textbook also authored by Thomas Clarke.

About the Author

Thomas Clarke is Director of the Centre for Corporate Governance and Professor of Management at the University of Technology, Sydney. He has a doctorate from the University of Warwick Business School. Formerly DBM Professor of Corporate Governance at Leeds Business School and Visiting Professor at CEIBS, Shanghai, he was a member of the RSA Tomorrow's Company Inquiry that influenced the review of UK Company Law. At the OECD in Paris he helped develop the international corporate governance code adopted by governments throughout the world.

Reviews

'[A] magisterial work. At whatever level corporate governance is being studied and reviewed, there can be no doubt about the value of Professor Clarke's book in bringing together and clarifying the theories which have contributed to, and have relevance for, the development of corporate governance.' - Sir Adrian Cadbury

'This unique collection brings together this widely dispersed material for the first time, providing students and researchers in corporate governance with an unrivalled resource.' - International Institute of Administrative Sciences

'Every student of corporate governance will want to read Thomas Clarke's book to aid them in making sense of what is otherwise becoming an endless corporate governance maze.' - Professor Douglas M. Branson, University of Pittsburgh, USA

'[A] magisterial work. At whatever level corporate governance is being studied and reviewed, there can be no doubt about the value of Professor Clarke's book in bringing together and clarifying the theories which have contributed to, and have relevance for, the development of corporate governance.' - Sir Adrian Cadbury

'This unique collection brings together this widely dispersed material for the first time, providing students and researchers in corporate governance with an unrivalled resource.' - International Institute of Administrative Sciences

'Every student of corporate governance will want to read Thomas Clarke's book to aid them in making sense of what is otherwise becoming an endless corporate governance maze.'

Professor Douglas M. Branson, University of Pittsburgh

Book Information
ISBN 9780415323079
Author Thomas Clarke
Format Paperback
Page Count 384
Imprint Routledge
Publisher Taylor & Francis Ltd
Weight(grams) 845g