Corporate Governance and Initial Public Offerings

'This book is the first, and at this point definitive, cross-national examination of IPO markets. As such it will be an invaluable tool to scholars, policymakers and corporations. The breadth and scope of the papers is impressive and the collective knowledge will serve as a primary source of foundational knowledge for years to come.' Tim Devinney, Professor of Strategy, University of Technology, Sydney 'This book describes and contrasts corporate governance contexts and practices at the time of an IPO in 21 widely disparate countries. The phenomena are documented with both publicly available and privately collected data, and the authors provide their explanations using multiple theoretical paradigms. This is a wonderful addition to the literature in an important, understudied area.' Kenneth A. Merchant, Deloitte & Touche LLP Chair of Accountancy, University of Southern California, Los Angeles 'The editors have accomplished a wondrous fete of academic entrepreneurship in collating, on a global basis, information relating to corporate governance and initial public offerings (IPOs). Focusing on IPOs is particularly useful because it provides a market place reality test of various aspects of corporate governance. The method of presentation of materials, the classification of categories and the use of charts makes it easy to use this formidable research tool. This is a book that everyone interested in Corporate Governance will want to own - buy it.' Robert A. G. Monks, shareholder activist, corporate governance adviser and founder of ISS, the Corporate Library, the LENS Fund and Governance for Owners This book is the first, and at this point definitive, cross-national examination of IPO markets. As such it will be an invaluable tool to scholars, policymakers and corporations. The breadth and scope of the papers is impressive and the collective knowledge will serve as a primary source of foundational knowledge for years to come. - Tim Devinney, Professor of Strategy at the University of Technology, Sydney This book describes and contrasts corporate governance contexts and practices at the time of an IPO in 21 widely disparate countries. The phenomena are documented with both publicly available and privately collected data, and the authors provide their explanations using multiple theoretical paradigms. This is a wonderful addition to the literature in an important, understudied area. - Kenneth A. Merchant, Deloitte & Touche LLP Chair of Accountancy, University of Southern California, Los Angeles The editors have accomplished a wondrous fete of academic entrepreneurship in collating, on a global basis, information relating to corporate governance and initial public offerings (IPOs). Focusing on IPOs is particularly useful because it provides a market place reality test of various aspects of corporate governance. The method of presentation of materials, the classification of categories and the use of charts makes it easy to use this formidable research tool. This is a book that everyone interested in Corporate Governance will want to own - buy it. - Robert A.G. Monks, shareholder activist, corporate governance adviser and founder of ISS, the Corporate Library, the LENS Fund and Governance for Owners The volume is a result of a collaborative research project, and readers with keen interest in this subject will not be disappointed in the scholarship of this work or the scope of the subject matter... The volume's impressive international coverage is such that is will become an essential resource in the areas of global corporate governance and IPOS...The subject matter is covered in detail, the methods of presentation are clear and concise, and the editors provide ample research tools to guide the reader. A masterful resource. -T.M Marini, University of Michigan, CHOICE