Enterprise and Society Advance Access originally published online on August 27, 2007
Enterprise and Society 2007 8(3):475-488; doi:10.1093/es/khm073
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Copyright © The Author 2007. Published by Oxford University Press on behalf of the Business History Conference.
A New Wave in the History of Corporate Governance
Associate Professor of Political Science at the University of Chicago. Contact information: Department of Political Science, University of Chicago, 5828S. University Avenue, Chicago, Illinois, 60 637, USA
g-herrigel@uchicago.edu
| The first 150 words of the full text of this article appear below. |
This special issue showcases a new wave of historical research on corporate governance. The new wave is reacting to the exhaustion of the intellectual agenda of the initial scholarship devoted to the question of the emergence and variable development of corporate governance systems in different national economies. Indeed, in many ways the new wave represents a moment of genuine intellectual liberation. Much of the old literature focused nearly exclusively on questions regarding the concentration or dispersion of ownership, and attendant issues of the strength of minority protections, the role of banks, and the depth of the securities market in different countries. New wave scholars are asking historical questions about types of corporate governance and the evolution of national systems that literally could not be seen within the categories of the old debate—or if they could be seen, were thought to be so tangential to the dynamics of efficient governance that
| First Wave History of Corporate Governance |
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| The New Wave |
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| The Essays in This Issue |
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| Conclusion |
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