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  [essays and dissertation][Business Subjects][Finance and Accounting]Cross-Listing and Corporate Governance: Bonding or Avoiding?论文



论文编号: org200812011335365798
论文属性: thesis
论文语言:English
论文国家:USA
登出日期: 2008-12-01  
字数: 6000
源程序: 无
价格: 300
注明:
 
论文大纲,目录
关键词搜索:Cross-Listing   Corporate Governance   
 
In their seminal survey of corporate governance, Shleifer and Vishny distill the issue into a blunt question: “How do [the suppliers of finance] make sure that managers do not steal the capital they supply or invest it in bad projects?”1 The Enron/Arthur Andersen debacle and the ensuing waves of scandal vividly proved that American investors may face this question in the most acute form. Yet even today, many would argue that in a global comparison, American securities markets provide public investors with a more hospitable and protective environment than most other markets around the world. American markets still fare better in terms of the legal rules governing them, the legal professionals that work to enforce the regime, and a sophisticated court system that provides the necessary infrastructure for a well-functioning corporate governance system. The 2002 wave of scandal tarnished the reputation of the American market,2 but has not eroded it completely.英语论文网 【http://www.51lunwen.org】 本文来自:英语论文网 【http://www.51lunwen.org】
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