Probing corporate governance globally: Impacts of business systems and beyond

Abstract

Effective mechanisms for corporate governance are essential for market-based economic systems. This chapter addresses the necessity of corporate governance research to address the competing goals of various stakeholders in the firm: managers, suppliers of financial capital, and other stakeholders. The review of literature reveals that firm-level complexity, as well as diversity of national business systems, are important for understanding corporate governance practices and regulations around the world.

Citation

Aggarwal, R., Choi, J.J. and Dow, S. (2008), "Probing corporate governance globally: Impacts of business systems and beyond", Choi, J.J. and Dow, S. (Ed.) Institutional Approach to Global Corporate Governance: Business Systems and Beyond (International Finance Review, Vol. 9), Emerald Group Publishing Limited, Leeds, pp. 3-31. https://doi.org/10.1016/S1569-3767(08)09001-8