A Single European Corporate Governance Model – An Overview
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.
Volume (Year): XI (2011)
Issue (Month): 1 (May)
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