The origins of this book lie in the Second Oxford Law Colloquium held in September 1992 and organized by the Faculty of Law of the University of Oxford and Allen & Overy. The subject of this volume, corporate governance, is one that is currently highly topical but which has a long intellectual pedigree. Ever since the formation of the first joint stock company there has been a continuing debate about the structure of corporate
governance and the controls, both legal and institutional, that are, or should be, exercised over corporate management. The essays contained in the volume explore the debate from a variety of perspectives, but each keeps in mind that a clear understanding of the wider commercial and financial
context is necessary before examining the relevant legal structures and rules. This wider picture is examined at both a national and comparative level, and the attitudes and practices of managers and investors are considered as part of the backdrop to competing theories on corporate governance. The contributors, drawn from the practising and the academic worlds, bring their own specialist knowledge to bear in a volume which will be required reading for all those
interested in the subject. Contributors: Robin Leigh-Pemberton, Eddy Wymeersch, Sir Adrian Cadbury, Paul Rutteman, Paul Davies, Lord Alexander of Weedon, Paddy Linaker, Martin Lipton, Alan Paul, Theodor Baums, Geoff Stapledon
`D.D. Prentice provides an excellent overview of the debate ... the book is required reading for those interested in this subject.'
International Corporte Law
`Some useful insights.'
`it will be of practical assistance to company law practitioners who wish to obtain an overall picture of the various issues involved.'
International Company & Commercial Law Review
`This publication is timely ... Contemporary Issues in Corporate Governance is a well-knit collection, with those contributions by academics being particularly stimulating. The book provides an adequate overview of the corporate governance debate, combined with some detailed and instructive comparative information, notably in the section on takeovers ... recommended to anyone wishing to explore further a variety of dimensions of the current corporate
Lloyd's Maritime and Commercial Law Quarterly
`This volume would be a useful acquisition for students of international legal process, international business transactions, and corporations.'
Bimonthly Review of Law Books
`This collection of essays provides a useful contribution to the corporate governance debate, perhaps more in identifying the questions, especially concerned with fundamental issues of policy, which will need to be answered in the future.'
Cambridge Law Journal
Rt. Hon. Robin Leigh-Pemberton PC: Introduction
Part I: An Overview of the Corporate Governance Debate
1: Eddy Wymeersch: The Corporate Governance Discussion in some European States
2: Dan Prentice: Some Aspects of the Corporate Governance Debate
Part II: The Role of Financial Disclosure
3: Sir Adrian Cadbury, Chairman of the Committee on Financial Aspects of Corporate Governance: Highlights of the Proposals of the Committee on Financial Aspects of Corporate Governance
4: Paul Rutteman: Corporate Governance and the Auditors
Part III: The Role of the Institutional Shareholders
5: Paul Davies: Institutional Investors in the United Kingdom
6: Lord Alexander of Weedon QC: Corporate Governance - the Role of the Banks
7: Paddy Linaker: The Institutional InvestorDSInvestment from M & G's Viewpoint
Part IV: The Role of Takeover Bids
8: Martin Lipton: Takeover Bids and United States Corporate Governance
9: Alan Paul: Corporate Governance in the Context of Takeovers of UK Public Companies
10: Theodor Baums: Takeovers vs. Institutions in Corporate Governance in Germany
Part V: The Role of Litigation
11: Geoff Stapledon: The AWA Case: Non-Executive Directors, Auditors and Corporate Governance Issues in Court