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Political Determinants of Corporate GovernancePolitical Context, Corporate Impact$
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Mark J. Roe

Print publication date: 2006

Print ISBN-13: 9780199205301

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199205301.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 02 July 2022

Political Change in Continental Europe

Political Change in Continental Europe

(p.150) Chapter 21 Political Change in Continental Europe
Political Determinants of Corporate Governance

Mark J. Joe

Oxford University Press

This chapter examines political change in continental Europe. The recent demand for more pro-shareholder corporate governance in continental Europe and for legal structures that facilitate ownership separation follows European politics' move rightward, away from its late 20th-century history of strong social democratic politics. Politics, product markets, efforts to improve corporate law's institutions, and new capital-raising methods are all moving simultaneously.

Keywords:   continental Europe, political change, time series data, path dependence, ownership separation

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