Corporate governance in context : corporations, states, and markets in Europe, Japan, and the US

Significant increases in regulatory competition have sharpened the comparative awareness of advantages of different national models of political economy, governance and regulation. The most important change in this regard is a shift in governance from state to the market. The transition from corporatist governance to market governance poses a daunting challenge to regulators and academics. The book addresses these challenges in a comparative and interdisciplinary perspective, including the world's three leading economies and their legal systems: the EU, the U.S., and Japan.