Corporate Governance in a Globalising World: Convergence or Divergence? : A European Perspective
L. Van Den Berghe, Christoph Van Der Elst, Steven Carchon, Abigail Levrau, Lutgart Van Den BergheISBN: 1402071582;
Corporate Governance In A Globalising World: Convergence Or Divergence? presents a broad and multi-disciplinary debate on corporate governance systems by integrating academic viewpoints, statistical evidence, as well as field surveys. Based on a large number of publications and studies, the opinions of researchers are grouped into three categories: those that believe in a convergence into the direction of the market-oriented model (with the Anglo-American model as the reference base), those that opt for another type of convergence, namely in the direction of a hybrid corporate governance model (based on cross-reference between different leading governance models), and those that do not believe in global convergence but adhere to diversity of governance models. To test the validity of these three possible routes for the development of corporate governance systems, the authors approached this question from an objective perspective based on statistical evidence. The governance...
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