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Corporate Governance and Globalization

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Author Info
Klaus Gugler
Dennis C. Mueller
B. Burcin Yurtoglu

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Abstract

This survey gives an overview of the current state of knowledge on the question of whether corporate-governance structures worldwide are determinants of differences in economic performance. We look at the identities of owners, monitoring boards, and legal systems and find that some, though not all, corporate-governance structures give rise to differences in performance. The paper ends with a tentative look at the prospects of corporate-governance structures converging worldwide. Copyright 2004, Oxford University Press.

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 20 (2004)
Issue (Month): 1 (Spring)
Pages: 129-156
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Handle: RePEc:oup:oxford:v:20:y:2004:i:1:p:129-156

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  1. Gatti, Donatella, 2008. "Macroeconomic Effects of Ownership Structure in OECD Countries," IZA Discussion Papers 3415, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  2. Desai, Sameeksha & Eklund, Johan E., 2008. "Ownership, Economic Entrenchment and Allocation of Capital," Ratio Working Papers 120, The Ratio Institute. [Downloadable!]
    Other versions:
  3. Ajit Singh & Jack Glen & Ann Zammitt & Rafael De Hoyos & Alaka Singh & Bruce Weisse, 2005. "Shareholder value maximisation, stock market and new technology: should the US corporate model be the universal standard," ESRC Centre for Business Research - Working Papers wp315, ESRC Centre for Business Research. [Downloadable!]
    Other versions:
  4. Panayotis Kapopoulos & Sophia Lazaretou, 2005. "Does Corporate Ownership Structure Matter for Economic Growth? A Cross-Country Analysis," Working Papers 21, Bank of Greece. [Downloadable!]
    Other versions:
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This page was last updated on 2009-12-4.


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