International Corporate Governance

We survey two generations of research on corporate governance systems around the world, concentrating on countries other than the U.S. The first generation of international corporate governance research is patterned after the U.S. research that precedes it. These studies examine individual governanc...

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Bibliographic Details
Published in:Journal of financial and quantitative analysis 2003-03, Vol.38 (1), p.1-36
Main Authors: Denis, Diane K., McConnell, John J.
Format: Article
Language:English
Subjects:
Boards of directors
Business management
Business structures
Conflicts of interest
Corporate governance
Decision making
Effectiveness
Equity
Executive compensation
Finance
Financial economics
Incentives
International governance
Investors
Legal systems
Manycountries
Organizational structure
Quantitative analysis
Shareholders
Stockholders
Studies
U.S.A
Working papers
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Summary:We survey two generations of research on corporate governance systems around the world, concentrating on countries other than the U.S. The first generation of international corporate governance research is patterned after the U.S. research that precedes it. These studies examine individual governance mechanisms—particularly board composition and equity ownership—in individual countries. The second generation of international corporate governance research considers the possible impact of differing legal systems on the structure and effectiveness of corporate governance and compares systems across countries.
ISSN:0022-1090
1756-6916
DOI:10.2307/4126762