Business and Management 2013 - Cambridge University Press India

Governance 21Hedge FundActivism in JapanThe Limits of ShareholderPrimacyJohn BuchananUniversity of CambridgeDominic Heesang ChaiSeoul National Universityand Simon DeakinUniversity of CambridgeHedge fund activism is an expressionof shareholder primacy, an idea thathas come to dominate discussionof corporate governance theoryand practice. This book provides anexamination of confrontational hedgefund activism in Japan in the periodbetween 2001 and the onset of theglobal financial crisis in 2008.‘Burrough and Helyar’s Barbarians atthe Gate now has a worthy successor.Buchanan et al.’s subtitle might be‘The Barbarians with a Foot in theDoor’. The ‘activist’ American andEuropean funds have acted as theadvance guard of that ‘pure’ form ofAnglo-Saxon capitalism which seesshareholder profit as the supremegood. Their descriptions of the funds’various raids on decently efficientbut naive Japanese companiesmake fascinating reading, and theirjudgements are judicious.’Ronald Dore, London School of Economics andPolitical Science2012 228 x 152 mm 388pp12 b/w illus. 10 tables978-1-107-01683-5 Hardback £60.00eBook availablewww.cambridge.org/9781107016835Corporate SocialResponsibilityof MultinationalCorporations inDeveloping CountriesPerspectives on Anti-CorruptionAdefolake O. AdeyeyeNational University of SingaporeAdefolake Adeyeye’s assessment ofthe adequacy of international law’sapproach towards corporate liabilityfor bribery and corporate responsibilityfor international corruption will interestacademics, students and practitionersseeking in-depth information about CSRand its implications for anti-corruption.2012 216 x 138 mm 246pp978-1-107-01362-9 Hardback £75.00eBook availablewww.cambridge.org/9781107013629Corporate Governanceand Initial PublicOfferingsAn International PerspectiveEdited by Alessandro ZattoniUniversità degli Studi di Napoli ‘Parthenope’and William JudgeOld Dominion University, VirginiaA major international study on corporategovernance and Initial Public Offerings(IPOs) in twenty-one countries.2012 228 x 152 mm 612pp3 b/w illus. 180 tables978-1-107-01686-6 Hardback £75.00eBook availablewww.cambridge.org/9781107016866Visit our website at www.cambridge.org/knowledge