IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Globalization and Similarities in Corporate Governance: A Cross-Country Analysis

  • Tarun Khanna

    (Harvard Business School)

  • Joe Kogan

    (Esquela de Administración, Pontifica Universidad, Católica de Chile, and Lehman Brothers)

  • Krishna Palepu

    (Harvard Business School)

Registered author(s):

    Some scholars have argued that globalization should pressure firms to adopt the most efficient form of corporate governance; others maintain that such convergence will not occur because of path dependence. We find robust evidence that economically interdependent countries have similar corporate governance laws protecting stakeholders. In contrast, we find virtually no relationship between corporate governance practices and globalization in a battery of estimations at the country, industry, and firm levels. We conclude that globalization may have induced the adoption of some common corporate governance standards but these standards may not have been implemented. © 2006 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.mitpressjournals.org/doi/pdf/10.1162/rest.2006.88.1.69
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

    Article provided by MIT Press in its journal Review of Economics and Statistics.

    Volume (Year): 88 (2006)
    Issue (Month): 1 (February)
    Pages: 69-90

    as
    in new window

    Handle: RePEc:tpr:restat:v:88:y:2006:i:1:p:69-90
    Contact details of provider: Web page: http://mitpress.mit.edu/journals/

    Order Information: Web: http://mitpress.mit.edu/journal-home.tcl?issn=00346535

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:tpr:restat:v:88:y:2006:i:1:p:69-90. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Anna Pollock-Nelson)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.