Corporate Governance in Global Capital Markets

Edited by Janis Sarra
Categories: Business, Economics & Industry, Law & Legal Studies
Publisher: UBC Press
Hardcover : 9780774810043, 400 pages, September 2003
Paperback : 9780774810050, 400 pages, July 2004
Ebook (EPUB) : 9780774840507, 400 pages, November 2011
Ebook (PDF) : 9780774851824, 400 pages, October 2007

Table of contents

Preface / Purdy Crawford Introduction / Janis Sarra

Part 1: Governance of the Corporation in the Context of
Global Markets

1. Canadian Corporate Governance Reform: In Search of a Regulatory
Role for Corporate Law / Stéphane Rousseau

2. Oversight, Hindsight, and Foresight: Canadian Corporate
Governance through the Lens of Global Capital Markets / Janis
Sarra

3. Governance, Mergers and Acquisitions, and Global Capital Markets
/ Christopher C. Nicholls

Part 2: Shareholder Activism and Control: Accountability for
Corporate Harms

4. Canadian Institutional Shareholder Activism in an Era of Global
Deregulation / Gil Yaron

5. Investor Control of Multinational Enterprises: A Market for
Corporate Governance Based on Justice and Fairness? / Ronald B.
Davis

6. The Interplay between Securities Regulation and Corporate
Governance: Shareholder Activism, the Shareholder Proposal Rule, and
Corporate Compliance with Law / Cheryl L. Wade

7. Beyond Environmental Compliance, with a View to the Best
Interests of the Company / Robert Mansell and Brian Prill

Part 3: The Role of Directors in Governance Oversight:
Domestic and International Lessons

8. Developments in US Boards of Directors and the Multiple Roles of
Corporate Boards / Lynne L. Dallas

9. The Governance of Commercial Crown Corporations: How Much
Independence Can We Expect from Corporate Directors? / Barry
Slutsky and Philip Bryden

10. Synchronizing Individual Corporate Self-Interest Goals and
Sector Development Responsibilities: The BC Seafood Processing Industry
Experience / Kathleen Porter and Joe Weiler

Part 4: Governance of the Financially Distressed
Corporation

11. Under Pressure: Governance of the Financially Distressed
Corporation / Geoffrey B. Morawetz

12. Governance of the Financially Distressed Corporation in Global
Capital Markets: Selected Aspects of the Financing and Governance of
Canadian Enterprises in Cross-Border Workouts / Edward A. Sellers,
Natasha J. MacParland, and F. James Hoffner

13. The Role of Court-Appointed Officers in the Governance of
Financially Distressed Corporations / John Sandrelli

Contributors

Index

This collection of legal essays explores the theoretical underpinnings of corporate governance and provides concrete illustrations of different models and their outcomes.

Description

The recent failures of Enron, WorldCom, and other large publicly traded
corporations have catapulted the issue of corporate governance onto the
international stage. In this timely book, Janis Sarra draws together
the work of legal scholars and practitioners from across North America
to provide a comprehensive analysis of corporate governance issues in
global capital markets. The contributors to this collection explore the
theoretical underpinnings of corporate governance and provide concrete
illustration of different models and their outcomes. While the
perspectives of the authors sometimes differ, their common project is
to explore different normative conceptions of the corporation in order
to contribute to an analysis of global trends in corporate governance.

Reviews

This collection of advisory essays addressed in a useable way the need for accountability in the boardroom. Coming as it does on the heels of exposed CEO avarice and the accompanying criminal and civil litigation it is an educational read for trial and corporate lawyers.

- Ronald F. MacIsaac

Informative and thorough.

- Jim Stanford, Canadian Auto Workers