Reflections on the End of History for Corporate Law

Henry Hansmann and Reinier Kraakman

Chapter 2 in The Convergence of Corporate Governance, 2012, pp 32-48 from Palgrave Macmillan

Abstract: Abstract In this chapter we reflect on our paper ‘The End of History for Corporate Law’ (Hansmann and Kraakman, 2001), originally written for a conference at Columbia University in 1997 on a question that was then just beginning to attract substantial attention: ‘Are corporate governance systems converging?’ There can of course be as many answers to that question as there are interpretations of the question itself. At a macro level, however, it seemed to us that there was an important sense in which the answer to this question was clearly ‘yes.’ In our original paper — with its hyperbolic title and somewhat more modulated text — we sought to expound that view.

Keywords: Corporate Governance; Ownership Structure; International Financial Reporting Standard; Minority Shareholder; Supervisory Board (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-02956-0_2

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DOI: 10.1057/9781137029560_2

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