عنوان

A primer on corporate governance :

(Number (ISBN

1322087776

(Number (ISBN

1606497618

(Number (ISBN

9781322087771

(Number (ISBN

9781606497616

Number

b551592

Title Proper

A primer on corporate governance :

General Material Designation

[Book]

Other Title Information

Spain

First Statement of Responsibility

Félix J. López-Iturriaga, Fernando A. Tejerina-Gaite.

Edition Statement

First edition

Place of Publication, Distribution, etc.

New York, New York (222 East 46th Street, New York, NY 10017)

Name of Publisher, Distributor, etc.

Business Expert Press

Date of Publication, Distribution, etc.

2014

Specific Material Designation and Extent of Item

(1 PDF (xiv, 131 pages)).

Series Title

2014 digital library.; Corporate governance collection.

Text of Note

Title from PDF title page (viewed on September 26, 2014).;Part of: 2014 digital library.

Text of Note

1. Introduction --;2. The Spanish institutional context --;3. Internal mechanisms of corporate governance in Spain --;4. External mechanisms of corporate governance in Spain --;Conclusion --;References --;Index.

Text of Note

Spain has a civil law-based legal system in which court decisions are not a source of law but are of interpretative value. Also, it is a member of the European Union (EU) and as such follows the standards set out by EU directives and regulations. The privatization of large state-owned firms, liberalization, integration with EU, and the launch of the Euro have all contributed to the transformation of Spain's financial system into a modern market. Spain is considered a bank-oriented financial system in which banks play an active role relative to markets. The close link between banks and the governance of nonfinancial firms dates back to the first stages in the process of industrialization in Spain. Thereinafter banks have had close relationships with nonfinancial companies, both through lending and through stock. Currently, the Spanish financial system is going through a process of deep restructuring and consolidation. This process has not affected the outstanding role played by banks and their close ties with the governance of nonfinancial firms. Banks in Spain are not only creditors, but also reference shareholders or sit on the board of directors of nonfinancial firms.

BUSINESS & ECONOMICS -- Industrial Management.

BUSINESS & ECONOMICS -- Management.

Corporate governance -- Spain.

Class number

Book number

Félix J. López-Iturriaga, Fernando A. Tejerina-Gaite.

Felix J Lopez-Iturriaga

Fernando A Tejerina-Gaite

Electronic name

[Book]

Y