'With patterns of concentrated ownership expanding even in the US, where tech entrepreneurs leverage control via higher voting shares, related-party transactions have become more ubiquitous than in the past. In this book, the world’s leading academics address the new pattern, reflecting on how to police them. Don’t miss it.'
Ronald J. Gilson - Charles J. Meyers Professor of Law and Business, Stanford University, and Marc and Eva Stern Professor of Law and Business, Columbia University
'Related-party transactions are common, and not only in countries with concentrated ownership. If not supervised, they may have socially negative consequences. Yet how to regulate them effectively is highly controversial. This book offers the latest empirical, theoretical and comparative law research as presented by the best law and finance scholars in the field. It simply must be read.'
Klaus J. Hopt - Emeritus Director, Max Planck Institute for Comparative and International Private Law
'This book is a collection of superb academic chapters on a core issue in modern corporate law and finance. As an invaluable resource with theoretical and comparative examinations by world first-class authors, the book is a must read for researchers, policy makers and others who are interested in the area.'
Hideki Kanda - Emeritus Professor, University of Tokyo
'Governance of related party transactions is at the very heart of corporate law, yet it remains a significant challenge in most jurisdictions. This book delivers both deep knowledge and keen insight into the best approaches to this challenge.'
Andrei Shleifer - John L. Loeb Professor of Economics, Harvard University
