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1、TheYaleLawJournalCompany,Inc.SomeDifferencesinCorporateStructureinGermany,Japan,andtheUnitedStatesAuthor(s):MarkJ.RoeSource:TheYaleLawJournal,Vol.102,No.8,Symposium:EconomicCompetitivenessandtheLaw(Jun.,1993),pp.1927-2003Publishedby:TheYaleLawJournalCompany,Inc.St
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5、tesMarkJ.RoetCONTENTSINTRODUCTION..............................................1928I.THECLASSICALECONOMICMODELOFTHEPUBLICFIRM.............1933II.GERMANANDJAPANESEINFLUENCETHROUGHSTOCKHOLDING:SHAREDCONTROLANDAFLATTERAUTHORITYSTRUCTURE...........1936A.LargeFinnsandL
6、argeVotingBlocks........................1936B.StructuredInteraction...................................1941C.SizeofForeignFinancialIntermediaries......................1946D.AmericanBankingRegulation.............................19481.GermanUniversalBanksintheUnitedS
7、tates?..............19492.JapaneseMainBanksintheUnitedStates?................19513.MainBanksandUniversalBanks-ThePotentialforControl....19544.MainBanksandUniversalBanks-TheSuppressionandCaptureoftheSecuritiesMarket........................1955E.OtherRegulatoryImped
8、iments.............................1956III.FINANCIALEVOLUTIONINGERMANYANDJAPAN?...1958A.TheEvolutionaryArgument...................-.1958B.Problemswithth