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A Single European Corporate Governance Model – An Overview

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  • Ilut Bogdan

    ()
    („Alexandru Ioan Cuza” University of Iasi, Doctoral School of Economics)

  • Chirlesan Dan

    („Alexandru Ioan Cuza” University of Iasi, Faculty of Economics and Business Administration)

Abstract

The major changes that took place in the last decades in the European economic environment, prompted by the deregulation of the financial markets, the European integration process and lately by the financial crisis started in 2007 have determined also shifts in the corporate governance models used at European level. In this context it is only fitting to raise the question about the existence of a convergence process toward a single European corporate governance model. Our research aim is to provide an overview of this subject through a qualitative analysis based on a comparative approach between the two main models of corporate governance that exist at the European level. Through this approach we will not only compare the two models but also underline the factors that contributed to a possible convergence of the two models and also the ones who tend to hinder any closeness.

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Bibliographic Info

Article provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.

Volume (Year): XI (2011)
Issue (Month): 1 (May)
Pages: 982-986

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Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:982-986

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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Keywords: corporate governance model; European Union; integration process; financial crisis;

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