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The Globalization of Corporate Governance

Alan Dignam, Michael Galanis




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 | #678259 in eBooks |  2016-03-09 |  2016-03-09 | File type: PDF

|| |'This is a timely and important comparative analysis, published at a critical time, of the evolution of corporate governance structures as between the US/UK on the one hand ("outsider systems") and Germany on the other (an "insider system"). It seeks to answer

The process of economic globalization, as product and capital markets have become increasingly integrated since WWII, has placed huge, and it is argued by some, irresistible pressures on the world's 'insider' stakeholder oriented corporate governance systems. Insider corporate governance systems in countries such as Germany, so the argument goes, should converge or be transformed by global product and capital market pressures to the 'superior' shareholder oriented 'outsi...

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