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 Governance
Alan Dignam and Michael Galanis
2 Preventing the Next Financial Crisis? Regulating Bankers′ Pay in Europe
3 Market Discipline and EU Corporate Governance Reform in the Banking Sector: Merits, Fallacies, and Cognitive Boundaries
Emilios 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)
6 Harmonization Process for Effective Corporate Governance in the European Union: From a Historical Perspective to Future Prospects
7 Understanding the Board of Directors after the Financial Crisis: Some Lessons for Europe
Joseph A. McCahery and Erik P.M. Vermeulen
8 Developing Two–tiered Regulatory Competition in EU Corporate Law: Assessing the Impact of the Societas Privata Europaea
Martina Eckardt and Wolfgang Kerber