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Current Issues in European Corporate Governance

Опубликовано на портале: 18-04-2007
Background Note prepared for the Euro 50 Group Meeting on Corporate Governance (European Investment Bank). 2003. 
Тематический раздел:
After the recent scandals in the United States, corporate governance was added to the agenda of Heads of State and might be there to stay, at least for a while. This development marks the peak of a recent scandal driven policy programme that goes back to the early 1990s at the national level and hit the international scene with the 1998 Russia/Asia/Brazil crisis. The remainder of this note is structured as follows: Section 2 provides a stylised map of corporate control arrangements in Europe. Section 3 sets out the theoretical merits of each model. Section 4 discusses the potential of various policies that have been proposed in the context of each model. Section 5 provides a brief outline of the policies that are currently debated in Europe and the United States. Section 6 gives hyperlinks to a survey of the scientific evidence on corporate governance and to key policy documents that have been put out by the European Commission and by various institutions in the United States.

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текст статьи в формате pdf:
http://www.euro50.org/past/2003/lux/Becht.pdf
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