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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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Political Change in Continental Europe

Political Change in Continental Europe

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

Mark J. Joe

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199205301.003.0022

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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