Entrepreneurial States : : Reforming Corporate Governance in France, Japan, and Korea / / Yves Tiberghien.

• Superior document: Title is part of eBook package: De Gruyter Cornell University Press Backlist 2000-2013
• VerfasserIn: Tiberghien, Yves,
• Place / Publishing House: Ithaca, NY : : Cornell University Press, , [2018]; ©2011
• Year of Publication: 2018
• Language: English
• Series: Cornell Studies in Political Economy
• Physical Description: 1 online resource (280 p.) :; 16 tables, 4 line drawings

In Entrepreneurial States, an innovative examination of the comparative politics of reform in stakeholder systems, Yves Tiberghien analyzes the modern partnership between the state and global capital in attaining structural domestic change. The emergence of a powerful global equity market has altered incentives for the state and presented political leaders with a "golden bargain"-the infusion of abundant and cheap capital into domestic stock markets in exchange for reform of corporate governance and other regulatory changes.Drawing on extensive archival research and interviews with policy and corporate elites in Europe and East Asia, Tiberghien asks why states such as Korea and France have embraced this opportunity and engaged in far-reaching reforms to make their companies more attractive to foreign capital, whereas Japan and Germany have moved forward much more grudgingly. Interest groups and electoral institutions have their impacts, but by tracing the unfolding dynamic of reform under different constraints, Tiberghien shows that the role of political entrepreneurs is critical. Such policy elites act as mediators between global forces and national constraints. As risk takers and bargain builders, Tiberghien finds, they use corporate reform to reshape their political parties and to stake out new policy ground. The degree of political autonomy available to them and the domestic organization of bureaucratic responsibility determine their ability to succeed.

Table of Contents

Frontmatter -- Contents -- Tables and Figures -- Preface and Acknowledgments -- 1. Political Entrepreneurs and the Corporate Restructuring Dilemma -- 2. A Story of Change and Divergence -- 3. France: Effective but "Shameful" Reforms -- 4. Japan: Of Change and Resistance -- 5. Korea: Systemic Transformation -- 6. Political Entrepreneurs and the Great Transformation of the Automobile Industry -- Conclusion: From Social Contract to Golden Bargain? -- Appendix: Evaluation of Corporate Reform Intensity in France, Japan, Korea, and Germany -- References -- Index