Towards the Convergence of National Corporate Governance systems?

Some authors have argued that corporate governance systems of the main economies are likely to converge towards a unique and leading model. However, despite the continuous trend and adoption of corporate practices of the Anglo- Saxon and German-Japanese models by China, Germany and Japan, the notion...

Full description

Saved in:
Bibliographic Details
Main Author: Fandiño Ortiz, Victor Andrés
Format: Article
Language:English
Published: Universidad Externado de Colombia 2006
Subjects:
Introduction
German-Japanese Model
The current Chinese Corporate Governance and its development
Japanese Corporate Governance System
Sistemas de Gobierno Corporativo
Convergencia
Cultura Corporativa
Modelo Anglosajón de Gobierno Corporativo
Modelo Germano-Japonés de Gobierno Corporativo
Online Access:http://dialnet.unirioja.es/servlet/oaiart?codigo=3623117
Source:Revista e-mercatoria, ISSN 1692-3960, Nº. 1, 2006, pags. 79-89
Tags: Add Tag
No Tags: Be the first to tag this record
Towards the Convergence of National Corporate Governance systems?
Summary: Some authors have argued that corporate governance systems of the main economies are likely to converge towards a unique and leading model. However, despite the continuous trend and adoption of corporate practices of the Anglo- Saxon and German-Japanese models by China, Germany and Japan, the notion of convergence is unlikely to happen. Instead, there will a "hybrid model" which combines the most pivotal and remarkable features of both systems. This article briefly addresses and highlights the main characteristics of the Anglo-Saxon and German-Japanese models and also provides evidence that such convergence will not occur because of the diverse corporate culture practices embedded in each corporate governance system.

Similar Items