Many feel that the current economic crisis indicates an urgent need for a regional, national, and global reassessment of contemporary corporate governance practices and systems. Post–crisis Trajectories of European Corporate Governance presents a critical re–evaluation of relevant policy and institutional elements of corporate governance as it relates to the member states of the European Union. Experts in corporate governance explore a variety of topics, including questions on whether there should be a unified corporate governance trajectory in the EU. And if such a trajectory exists, must it be completely reoriented or would a simple upgrade of current arrangements suffice? With a goal of initiating a dialogue about optimum European corporate governance policy in the aftermath of the global economic crisis, Post–crisis Trajectories of European Corporate Governance offers important insights into the prospects for Europe s economic future.
1 Introduction: Exploring Post–crisis Trajectories of European Corporate GovernanceAlan Dignam and Michael Galanis
2 Preventing the Next Financial Crisis? Regulating Bankers′ Pay in EuropeAndrew Johnston)
3 Market Discipline and EU Corporate Governance Reform in the Banking Sector: Merits, Fallacies, and Cognitive BoundariesEmilios Avgouleas and Jay Cullen
4 The Financial Crisis: A Reason to Improve Shareholder Protection in the EU?Jonathan Mukwiri and Mathias Siems
5 Post–crisis Corporate Governance and Labour Relations in the EU (and Beyond)Charlotte Villiers
6 Harmonization Process for Effective Corporate Governance in the European Union: From a Historical Perspective to Future ProspectsVeronique Magnier
7 Understanding the Board of Directors after the Financial Crisis: Some Lessons for EuropeJoseph A. McCahery and Erik P.M. Vermeulen
8 Developing Two–tiered Regulatory Competition in EU Corporate Law: Assessing the Impact of the Societas Privata EuropaeaMartina Eckardt and Wolfgang Kerber
Alan Dignam is Professor of Corporate Law at Queen Mary, University of London, and Honorary Member 7 King s Bench Walk Chambers. He is co–author, with Michael Galanis, of The Globalization of Corporate Governance (2009), with Professor John Lowry, of Company Law (2006), and, with David Allen, of Company Law and the Human Rights Act (2000).
Michael Galanis is a Senior Lecturer in Company Law at the University of Manchester. He has taught at Queen Mary, University of London and the University of Leeds and he is co–author of The Globalization of Corporate Governance (2009) with Alan Dignam. Dr. Galanis has held government advisory positions abroad and has experence as a company director.