Royal Ahold (Koninklijke Ahold NV) was one of the major success stories in the 1990s and is one of the major failures, suffering a complete meltdown, in 2003.We investigate the strategy, accounting transparency and corporate governance of Ahold; elements which jointly drive the firm s performance...

The purpose of this paper is to gather evidence on the success of market forces in promoting investor interests through self-regulation.Corporate governance is a complex mechanism design problem that is both economic and legal/political based.As such there is great interest in whether (and when)...

This paper contributes to the research on corporate governance by predicting the effects of European takeover regulation.In particular, we investigate whether the recent reforms of takeover regulation in Europe are leading to a harmonization of the national legislations.With the help of 150...

The issue of appropriate corporate governance framework has been a focal point of recent reforms in many countries. This study provides a comprehensive comparative analysis of corporate governance regulatory systems and their evolution over the last 15 years in 30 European countries and the US....

Companies are sometimes accused of misleading the market. The SEC can punish this with enforcement actions. Alternatively, shareholders can seek redress through a shareholder class action (SCA). While some literature has examined SEC actions, it has not examined SCAs, and has not examined...

This book outlines the complexity of the issues and the stakes in the national debate over the privacy of personal information, and identifies likely ramifications.

This book critiques U.S. and Taiwanese policies that inhibit trade on their agricultural products.

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.

This book outlines the complexity of the issues and the stakes in the national debate over the privacy of personal information, and identifies likely ramifications.

The author argues that American productivity and living standards, along with those of other countries, will improve only with a renewed commitment to open multilateral trade.