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- W3125934512 abstract "Countries appear to differ considerably in the basic orientations oftheir corporate governance structures. We postulatethe trade-off between and as fundamental tothe corporate governance debate. We stress thevalue of objectivity that comes with distance (e.g. the marketoriented U.S. system), and the value of better informationthat comes with proximity (e.g. the more intrusive ContinentalEuropean model).A superior corporate governance arrangement must balance thebenefits of proximity and objectivity. In this context,we also discuss the ways in which investors have contracted aroundthe flaws in their own corporate governancesystems, pointing at the adaptability of different arrangements." @default.
- W3125934512 created "2021-02-01" @default.
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- W3125934512 date "1998-06-04" @default.
- W3125934512 modified "2023-09-27" @default.
- W3125934512 title "Objectivity, Control and Adaptability in Corporate Governance" @default.
- W3125934512 hasPublicationYear "1998" @default.
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