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Regulating Corporate Governance in the EU - Towards a Marketization of Corporate Control

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Laura HORN

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Summary

In the context of the financial and economic crisis, corporate governance and regulatory supervision failures are at the centre of public debates. Who controls the modern corporation, and why, has become one of the defining social power relations in contemporary capitalism. Regulation Corporate Governance in the EU fills a gap in the extensive literature on corporate governance and highlights the political nature of EU corporate governance regulation. Laura Horn advances a critical political economy perspective focusing in particular on political struggles and processes of the neoliberal transformation of company law and corporate governance regulation. Her findings about the marketization of corporate control are at the core to a better understanding of the broader context of capitalist restructuring in the European Union.

Table of contents

Introduction Theoretical Framework Global Capitalist Restructuring and Corporate Governance Regulation in the European Political Economy Company Law in the European Union – From Industrial to Shareholder Democracy? Corporate Governance Regulation in the European Union – From Harmonisation to Marketisation The Marketisation of Corporate Control as a Political Project Corporate Governance in Crisis? Conclusion