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Race to the Top or Bottom? Corporate Governance, Freedom of Reincorporation and Competition in Law

Abstract:: This paper investigates the governance structure choices of firms when there is competition between legal systems. We study the impact of the allocation of control over choice of governance and reincorporation on firms’ technologies and technological specialization of countries in the context of a model of the firm in which there are agency conflicts between shareholders and managers. We show that the allocation of control over firms’ reincorporation decisions determines the corporate governa...
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APA Style

Fluck, S., & Mayer, C. (2005). Race to the Top or Bottom? Corporate Governance, Freedom of Reincorporation and Competition in Law.

MLA Style

Fluck, S., and C. Mayer. Race to the Top or Bottom? Corporate Governance, Freedom of Reincorporation and Competition in Law. 2005.

Chicago Style

Fluck, S, and C Mayer. 2005. “Race to the Top or Bottom? Corporate Governance, Freedom of Reincorporation and Competition in Law.”
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Bibliographic Details

Publication date:: 2005-01-01

Item Description

UUID:: uuid:0b1ade17-f6a4-42ce-b895-6892dd3dce26
Local pid:: oai:eureka.sbs.ox.ac.uk:573
Deposit date:: 2011-05-19

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Copyright date:: 2005

Licence:: Terms and Conditions of Use for Oxford University Research Archive

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