Three centuries of corporate governance in the United Kingdom
Datos Bibliográficos
| ID | 3245397 |
|---|---|
| Autores | John D Turner (0000-0001-8543-4374, Queen's University Belfast, autor de correspondencia) |
| Año | 2025 |
| Volumen | 78 |
| Número | 1 |
| Páginas | 3-29 |
| Fecha de publicación | 2025-02-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | The Economic History Review (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0117 • E-ISSN: 1468-0289 |
| Editorial | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/ehr.13326 |
| OpenAlex | W4391360647 |
| Idioma | EN |
| Citas recibidas | 4 |
| Referencias citadas | 120 |
As articulated by Adam Smith, one of the central issues facing companies is that managers will not run the business in the interests of its owners and will misuse resources. This ultimately has a detrimental consequence for the wealth of the nation. This survey reviews the nature and evolution of the corporate governance of UK public companies over the past 300 years. It makes two principal arguments. First, because the separation of ownership and control was one of the rationales for the introduction of the corporate form, we should not be surprised that corporate ownership has generally been diffuse. Second, over time, the way in which owners ensure that managers act in their interests has gradually changed from a system in which shareholders monitored and exercised voice to one where there was more reliance on external forces and exiting ownership
Business · Corporate governance · Economics · Kingdom · Management · Political science · Corporate Finance and Governance · Corporate Insolvency and Governance · Geology · State Capitalism and Financial Governance
Boom and Bust
Industrializing English Law
The Common Law and Economic Growth
Culture, openness, and finance
Theory of the firm
The Shareholder Voice
Pioneering Modern Corporate Governance
An Incomplete Revolution
Taking care of business
Company Financial Statements as Source Material for Business Historians
Should Historians Trust Late Nineteenth-Century Company Financial Statements
The Myths of the South Sea Bubble
Political Preconditions to Separating Ownership from Corporate Control
Rates of Return, Concentration Levels and Strategic Change in the British Railway Industry, 1830–1912
Law and Finance
The Structure of Corporate Ownership
Britain's Productivity Gap in the 1930s
Law, Politics, and Financial Development
Rule Britannia! British Stock Market Returns, 1825-1870
The role of the media in a bubble
Taking the lord's name in vain
Informed investors, screening, and sorting on the London capital market, 1891-1913
British relative economic decline revisited
Different and Better?' Scottish Joint-Stock Companies and the Law, c. 1720-1845
Corporation, Trust and Company. An Essay in Legal History
Industrial Structure, Capital Markets and the Origins of British Economic Decline
Corporate Governance
Taking Care of Business
Ownership Structure, Control Type Classifications and the Performance of Large British Companies
Is Berle and Means Really a Myth
Dispelling the Myth of the Naive Investor during the British Railway Mania, 1845–1846
Active Controllers or Wealthy Rentiers? Large Shareholders in Victorian Public Companies
Contractual Freedom and Corporate Governance in Britain in the Late Nineteenth and Early Twentieth Centuries
Investment in Railways in Britain, 1820-44. A Study in the Development of the Capital Market
Some consequences of the early twentieth-century British divorce of ownership from control
Regulatory Responses to the Rise of the Market for Corporate Control in Britain in the 1950s
History and the Global Corporate Governance Revolution
Ownership dispersion and the London Stock Exchange's ‘two-thirds rule’
Share trading activity and the rise of the rentier in the UK before 1920
Lord Kylsant and the Royal Mail
Takeover Bids in Britain Before 1950
Does the law and finance hypothesis pass the test of history
Organisational flexibility and governance in a civil-law regime
The ‘Divorce’ of ownership from control from 1900 onwards
Who financed the expansion of the equity market? Shareholder clienteles in Victorian Britain
Happy hour followed by hangover
Competition and Innovation in 1950s Britain
The Economic Consequences of Legal Origins
Corporate Control and Corporate Rule
The Anatomy of Corporate Law
Watchdogs or apologists? Financial journalism and company fraud in early Victorian Britain
The Trading of Unlimited Liability Bank Shares in Nineteenth-Century Ireland
Was Marshall Right? Managerial Failure and Corporate Ownership in Edwardian Britain
The anatomy of a bubble company
The micro-foundations of the early London capital market
A global corporate census
Extreme divorce
Independent women
Individual investors and local bias in the UK, 1870-1935
How good was the profitability of British railways, 1870-1912
The Finance of Canal Building in Eighteenth-Century England
Some Aspects of Joint Stock Companies, 1844-1900
An efficient market? Going public in London, 1891-1911
The liquidity of the London capital markets, 1825-70
Interpreting business partnerships in late Victorian Britain
Investor behaviour in a nascent capital market
Corporate ownership and control in Victorian Britain
Were British railway companies well managed in the early twentieth century?1
The Rise of the Popular Investor
| Obras citantes distintas | 4 |
|---|---|
| Citas por año | 4 |
| Intervalo de citas | 2025 - 2026 (2) |
| Velocidad de citación | current |
| Altamente citado | No |
| Tipos de cita | Neutras: 4 |