Governance culture and development: a different perspective on corporate governance

Does good corporate governance beget national growth? The strong growth sustained both in Continental Europe after the Second World War and in certain Asian countries from the 1960s to the 1990s was achieved despite corporate-governance structures which would be deemed very poor by today's stan...

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Bibliographische Detailangaben
1. Verfasser: Meisel, Nicolas (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Paris OECD 2004
Schriftenreihe:Development Centre studies
Schlagworte:
Zusammenfassung:Does good corporate governance beget national growth? The strong growth sustained both in Continental Europe after the Second World War and in certain Asian countries from the 1960s to the 1990s was achieved despite corporate-governance structures which would be deemed very poor by today's standards. How was such a marked discrepancy between high-growth performance and weak governance institutions possible? Was it because corporate governance is essentially irrelevant to growth -- a view shared by many analysts of developing countries -- or because the relationships between corporate governance and long-term growth remain poorly understood? Put differently, what is "good governance"? Drawing notably on the experience of France, this book provides answers to these key questions. It is a society's entire governance culture that affects its long-term development. Its institutions of governance as a whole -- corporate and public governance together -- rather than any of them alone are what matter. The book argues that we must change the way we judge the quality of a country's institutions of governance, and proposes a striking new way to do so.--Publisher summary
Beschreibung:Franz. Ausg. u.d.T.: Meisel, Nicolas: Culture de gouvernance et développement. - Literaturverz. S. 133 - 142
Beschreibung:142 S. graph. Darst. 23 cm
ISBN:9264017275

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