History and the Global Corporate Governance Revolution: The UK Perspective
AbstractMarket forces are allegedly serving to destabilise traditional business structures and cause some form of convergence along US lines. Consistent with an emerging trend in the literature, this article examines the convergence trend from an historical perspective. The focus is on Britain, since it is the only major industrial nation that has undertaken the journey upon which other countries may be embarking. While contemporary developments suggest that Britain's failure to adopt US-style managerial structures more quickly may have contributed to the UK's economic 'decline', this inference should be drawn with caution. The evolution of corporate governance in Britain indicates that various factors that have been identified as preconditions for the emergence of the 'Anglo-American' system of corporate governance are probably not decisive variables.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Business History.
Volume (Year): 43 (2001)
Issue (Month): 4 ()
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Web page: http://www.tandfonline.com/FBSH20
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- Malcolm Anderson, 2002. "Accounting History publications 2001," Accounting History Review, Taylor & Francis Journals, vol. 12(3), pages 505-512.
- Haque, Faizul & Arun, Thankom & Kirkpatrick, Colin, 2011. "The political economy of corporate governance in developing economies: The case of Bangladesh," Research in International Business and Finance, Elsevier, vol. 25(2), pages 169-182, June.
- Acheson, Graeme G. & Campbell, Gareth & Turner, John D. & Vanteeva, Nadia, 2014. "Corporate ownership and control in Victorian Britain," eabh Papers 14-02, The European Association for Banking and Financial History (EABH).
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