Description

A major international study on corporate governance and Initial Public Offerings (IPOs) in twenty-one countries. Based on an international research project, this book analyses the corporate governance of Initial Public Offerings (IPOs) in twenty-one countries. The end result is a broad and deep assessment of governance practices and IPO activity for an array of economies that represent roughly 80% of the global economy. Based on an international research project, this book analyses the corporate governance of Initial Public Offerings (IPOs) in twenty-one countries. The end result is a broad and deep assessment of governance practices and IPO activity for an array of economies that represent roughly 80% of the global economy. Initial Public Offerings (IPOs) are unique economic and governance events as privately held firms issue common stock or shares to the public for the first time. The governance issues surrounding IPOs are relatively unexamined compared to more established, and usually larger, firms. As such, they provide a unique context to study corporate governance and its development around the world. Based on a collaborative international research project, this book analyses the corporate governance of IPOs in twenty-one countries, each of which is characterized by different governance environments and different levels of IPO activity. The end result is a broad and deep assessment of governance practices and IPO activity for an array of economies that represent roughly 80 percent of the global economy. These chapters collectively provide new insights into what a global theory of corporate governance might look like and offer guidance to policy makers and academics regarding national governance configurations. List of figures; List of tables; List of contributors; Preface; Acknowledgements; 1. Introduction William Judge and Alessandro Zattoni; 2. Corporate governance and initial public offerings in Australia Helen Wei Hu and Monica Guo-Sze Tan; 3. Corporate governance and initial public offerings in Belgium Yves Fassin, Abigail Levrau and Lutgart Van den Berghe; 4. Corporate governance and initial public offerings in Canada Dhirendra Shukla; 5. Corporate governance and initial public offerings in China Jean Jinghan Chen and Stephen X. H. Gong; 6. Corporate governance and initial public offerings in Germany Till Talaulicar; 7. Corporate governance and initial public offerings in India Nisha Kohli; 8. Corporate governance and initial public offerings in Israel Stav Fainshmidt; 9. Corporate governance and initial public offerings in Italy Alessandro Zattoni and Chiara Mosca; 10. Corporate governance and initial public offerings in Japan Hideaki Sakawa and Naoki Watanabel; 11. Corporate governance and initial public offerings in the Kingdom of Saudi Arabia Majdi A. Quttainah and William F. Paczkowski; 12. Corporate governance and initial public offerings in Mexico Jose Luis Rivas; 13. Corporate governance and initial public offerings in the Netherlands Hans van Ees and Teye Marra; 14. Corporate governance and initial public offerings in Nigeria Emmanuel Afolabi Adegbite; 15. Corporate governance and initial public offerings in Russia Sheila M. Puffer and Daniel J. McCarthy; 16. Corporate governance and initial public offerings in Singapore Michael A. Witt; 17. Corporate governance and initial public offerings in Spain Félix J. López-Iturriaga and Ignacio Danvila del Valle; 18. Corporate governance and initial public offerings in Swede