Reflections on the End of History for Corporate Law
Yale Law School; European Corporate Governance Institute (ECGI)
Harvard Law School; European Corporate Governance Institute
August 15, 2011
Convergence of Corporate Governance: Promise and Prospects, Abdul Rasheed and Toru Yoshikawa, eds., Palgrave-MacMillan, 2012
Yale Law & Economics Research Paper No. 449
Our essay on The End of History for Corporate Law was originally written for a conference at Columbia University in 1997 that was organized to address a question that was then just beginning to attract substantial attention: “Are Corporate Governance Systems Converging?” There can of course be as many answers to that question as there are interpretations of the question itself. At a macro level, however, it seemed to us that there was an important sense in which the answer to this question was clearly "yes." In our essay -- with its hyperbolic title and somewhat more modulated text -- we sought to expound that view. We now ask whether, 15 years after the End of History essay was written, the claims it makes still hold up.
Number of Pages in PDF File: 16
Keywords: corporate governance, convergence
JEL Classification: G38, K22, P12
Date posted: June 28, 2012 ; Last revised: July 31, 2012
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