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Law & Capitalism: What Corporate Crises Reveal about Legal Systems and Economic Development around the World

Curtis J. Milhaupt, Katharina Pistor




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 | #2419211 in Books |  2010-04-15 | Original language:English | PDF # 1 |  9.00 x1.00 x6.00l,.90 | File type: PDF | 280 pages

||10 of 10 people found the following review helpful.| How to Become the World's Most Often Cited Economist|By Etienne RP|Andrei Shleifer, a Harvard University professor, became the most widely-cited economist in the world by exploiting an idea most people in the field think is wrong. The idea is that the origin of a country's legal system--the legal family to which it belongs--is a significant determinant of the effectiveness of| |0;Original, important, and topical. Milhaupt and Pistor are drawing on their very considerable expertise by bringing together a wide range of different country contexts. Few others could cover America, Russia, western Europe and east Asia as they do here. They

Recent high-profile corporate scandals—such as those involving Enron in the United States, Yukos in Russia, and Livedoor in Japan—demonstrate challenges to legal regulation of business practices in capitalist economies. Setting forth a new analytic framework for understanding these problems, Law and Capitalism examines such contemporary corporate governance crises in six countries, to shed light on the interaction of legal systems a...

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