Corporate Governance in the US and Europe

Foreword; W.T.Allen Conference Participants Corporate Governance in the US and Europe: Where are we Now?; G.Owen, T.Kirchmaier & J.Grant Agency Costs and Overvalued Equity; M.Jensen Corporate Governance Systems - How Much Convergence?; J.Rickford Corporate Governance Systems - How Much Convergence?; C.Mayer The State of US Corporate Boards and Governance: What is Right and Wrong?; S.N.Kaplan Boards of Director: The European Perspective; P.Davies The Role of the Board of Directors; M.Lipton Institutional Shareholders and Corporate Governance in the US; R.Romano Institutional Shareholders and Corporate Governance - A UK Perspective; A.R.Goobey Executive Compensation: Is Europe Catching Up with the US, and Should it Do So?; K.J.Muphy The Question of Executive Pay; B.G.M.Main UK Compensation Trends; S.O'Hare The Role of the Corporation in Society; M.Lipton Corporate Social Responsibility and the Regulation of Markets; D.Henderson Financial Statement Insurance; J.Ronen Is there a Major Problem with Corporate Governance in the United States?; A.Shleifer The Importance of Bad News; L.Zingales Appendices: Evolution and Summary of Corporate Governance Codes Appendix 1: UK Appendix 2: US Appendix 3: Germany Appendix 4: European Takeover Code Notes Bibliography