Corporate Governance

Essay specific features

 

Issue:

Business

 

Written by:

Harry B

 

Date added:

October 15, 2013

 

Level:

 

Grade:

C

 

No of pages / words:

7 / 1943

 

Was viewed:

5226 times

 

Rating of current essay:

 
Essay content:

Furthermore, one company might have more than one cultural context scenario to consider in this, the advent and development stage of a global economy. Many studies have approached the issue of corporate governance system as a bipolar issue. Setting up the comparison as a U.S., or Anglo-American, model versus the non Anglo-American model, some studies fail to recognize the evolution of corporate governance mechanisms that address special national issues...
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To be successful within restricted cultural markets, a corporation might operate according to a particular governance mode; however, success in the world market will require convergence of, perhaps several, more successful sets of corporate governance approaches. Effective guidance through efficient corporate governance will ensure greater stability for markets in emerging countries and will maintain and improve shareholder investment and activism in established markets...
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