The ever-changing nature of the business world and government policies makes continuing research on the capital markets model vital to our complete and current understanding of how corporate governance affects business and economies throughout the world. There is an abundance of empirical and theoretical research on the topics of corporate control and governance, however, most research in this area has been concentrated in countries where the capital markets are the main source of corporate financing - the United States, Canada, and the United Kingdom. This volume, organized into four components, is designed to analyze the issues affecting corporate control and governance from a global perspective. The first three sections - North America; Europe and Australia; and Emerging Markets - offer theoretical and empirical studies from these respective regions of the world. The countries/regions studied in these sections include the United States, the United Kingdom, Australia, Continental Europe, Germany, France, Holland, Russia, Chile, South Korea, and Sri Lanka. The fourth section, Clinical Studies, provides case studies that analyze individual events and may also be used for classroom instruction.