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The Globalization of Corporate Governance (Paperback)
Loot Price: R1,527
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The Globalization of Corporate Governance (Paperback)
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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 'outsider' corporate governance model
prevalent in the UK and the US. What these pressures from
globalization are, how they manifest themselves, whether they are
likely to cause such a convergence/transformation and whether these
pressures will continue, lie at the heart of the exploration in
this volume. The Globalization of Corporate Governance provides a
detailed analysis of the evolution of the key corporate governance
systems in the UK, the US and Germany from the perspective of the
development of economic globalization. As such it is a valuable
resource for those interested in how economic and legal reforms
interact to produce change within corporate governance systems.
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