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Capital unbound? The transformation of european corporate governance (Record no. 34806)

000 -LEADER
fixed length control field 02763naa a2200193uu 4500
001 - CONTROL NUMBER
control field 0063016372837
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190211173259.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 100630s1998 xx ||||gr |0|| 0 eng d
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha Dewey Subclass [OBSOLETE] PHL2MARC21 1.1
041 ## - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name RHODES, Martin
9 (RLIN) 41435
245 10 - TITLE STATEMENT
Title Capital unbound? The transformation of european corporate governance
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. London :
Name of publisher, distributor, etc. Routledge,
Date of publication, distribution, etc. September 1998
520 3# - SUMMARY, ETC.
Summary, etc. This article represents a first attempt to analyse the forces at work in the transformation of European corporate space, at both the national and supranational levels. In doing so, it consciously combines a comparative with an international political economy perspective and argues against analyses which minimize the role of domestic institutions and understand the contemporary transformation of European capitalism solely in terms of globalization-driven, neo-liberal convergence. After discussing the existing variety of Europe's national capitalisms, we argue that a number of mechanisms are inducing change- competitive pressures on producers; the liberalization and integration of financial markets; the growing role of international actors; and the equally potent role of non-economic domestic actors in internalizing external pressures. We analyse their effects in three critical areas: corporate governance, especially in terms of the balance of power between 'stakeholders' and shareholders; the relationship between the 'public' and 'private'; and the balance between capital and labour in the 'networked' (and especially the 'Germanic') systems. Despite these common pressures, we argue that although the differences between national systems will be modified in a market-liberal direction, this will not result in convergence for the following reasons. Domestically, elites will not promote change to a degree where it will undermine their own power and positions; path dependence and the lock-in effects of historical development create formidable pressures for continuity; and competitiveness will depend on the adjustment rather than abandonment of those structures and policies which have delivered efficiency in the past. As far as external pressures are concerned, international competition and the implementation of European monetary union are as likely to reinforce existing relationships as they are to break them down, while the creation of a new regulatory environment for European capitalism linking supranational with national rules still permits considerable scope for diversity.
700 1# - ADDED ENTRY--PERSONAL NAME
Personal name APELDOORN, Bastiaan van
9 (RLIN) 41436
773 08 - HOST ITEM ENTRY
Title Journal of European Public Policy
Related parts 5, 3, p. 406-427
Place, publisher, and date of publication London : Routledge, September 1998
International Standard Serial Number ISSN 13501763
Record control number
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Periódico
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20100630
Operator's initials, OID (RLIN) 1637^b
Cataloger's initials, CIN (RLIN) Daiane
998 ## - LOCAL CONTROL INFORMATION (RLIN)
-- 20100706
Operator's initials, OID (RLIN) 1052^b
Cataloger's initials, CIN (RLIN) Carolina

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