In this Book

Entrepreneurial States
summary

In Entrepreneurial States, an innovative examination of the comparative politics of reform in stakeholder systems, Yves Tiberghien analyzes the modern partnership between the state and global capital in attaining structural domestic change. The emergence of a powerful global equity market has altered incentives for the state and presented political leaders with a "golden bargain"-the infusion of abundant and cheap capital into domestic stock markets in exchange for reform of corporate governance and other regulatory changes.

Drawing on extensive archival research and interviews with policy and corporate elites in Europe and East Asia, Tiberghien asks why states such as Korea and France have embraced this opportunity and engaged in far-reaching reforms to make their companies more attractive to foreign capital, whereas Japan and Germany have moved forward much more grudgingly. Interest groups and electoral institutions have their impacts, but by tracing the unfolding dynamic of reform under different constraints, Tiberghien shows that the role of political entrepreneurs is critical. Such policy elites act as mediators between global forces and national constraints. As risk takers and bargain builders, Tiberghien finds, they use corporate reform to reshape their political parties and to stake out new policy ground. The degree of political autonomy available to them and the domestic organization of bureaucratic responsibility determine their ability to succeed.

Table of Contents

  1. Cover
  2. pp. 1-2
  3. restricted access Download |
  1. Title Page, Copyright
  2. pp. 3-8
  3. restricted access Download |
  1. Contents
  2. pp. vii-10
  3. restricted access Download |
  1. Tables and Figures
  2. pp. ix-12
  3. restricted access Download |
  1. Preface and Acknowledgments
  2. pp. xi-xxi
  3. restricted access Download |
  1. 1. Political Entrepreneurs and the Corporate Restructuring Dilemma
  2. pp. 1-29
  3. restricted access Download |
  1. 2. A Story of Change and Divergence
  2. pp. 30-63
  3. restricted access Download |
  1. 3. France: Effective but “Shameful” Reforms
  2. pp. 64-103
  3. restricted access Download |
  1. 4. Japan: Of Change and Resistance
  2. pp. 104-155
  3. restricted access Download |
  1. 5. Korea: Systemic Transformation
  2. pp. 156-179
  3. restricted access Download |
  1. 6. Political Entrepreneurs and the Great Transformation of the Automobile Industry
  2. pp. 180-205
  3. restricted access Download |
  1. Conclusion: From Social Contract to Golden Bargain?
  2. pp. 206-221
  3. restricted access Download |
  1. Appendix. Evaluation of Corporate Reform Intensity in France, Japan, Korea, and Germany
  2. pp. 223-232
  3. restricted access Download |
  1. References
  2. pp. 233-248
  3. restricted access Download |
  1. Index
  2. pp. 249-256
  3. restricted access Download |
Back To Top

This website uses cookies to ensure you get the best experience on our website. Without cookies your experience may not be seamless.