TY - UNPD A1 - Gordon, Jeffrey N. T1 - An international relations perspective on the convergence of corporate governance: German shareholder capitalism and the European Union, 1999-2000 T2 - Institut für Bankrecht (Frankfurt, Main): Arbeitspapiere ; Nr. 108 N2 - The corporate convergence debate is usually presented in terms of competing efficiency and political claims. Convergence optimists assert that an economic logic will promote convergence on the most efficient form of economic organization, usually taken to be the public corporation governed under rules designed to maximize shareholder value. Convergence skeptics counterclaim that organizational diversity is possible, even probable, because of path dependent development of institutional complementarities whose abandonment is likely to be inefficient. The skeptics also assert that existing elites will use their political and economic advantages to block reform; the optimists counterclaim that the spread of shareholding will reshape politics. T3 - Arbeitspapiere / Johann-Wolfgang-Goethe-Universität, Institut für Bankrecht - 108 Y1 - 2002 UR - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/4763 UR - https://nbn-resolving.org/urn:nbn:de:hebis:30-7407 UR - http://www.jura.uni-frankfurt.de/42780841/arbeitspapiere IS - Draft of 12/30/02 PB - Institut für Bankrecht CY - Frankfurt am Main ER -