Review of Political Power and Corporate Control: The New Global Politics of Corporate Governance, by Peter A. Gourevitch and James Shinn

Abstract

Comparative corporate governance has captured the interest of economists and legal scholars during the past two decades. In view of intensified economic globalization, it has become apparent that the public corporation, one of the keystones of the modern market economy, has produced very different systems of how authority in the firm is assigned around the world. In Political Power and Corporate Control, Peter A. Gourevitch and James Shinn bring forward a powerful political explanation challenging the assumptions of a literature dominated by economic theory.

Keywords: comparative corporate governance, labor, ownership concentration, capital structure, political economy

JEL Classification: G32, H32, J53, K22, P16, P51