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CORPORATE GOVERNANCE AND THE CHALLENGES FACING …

CORPORATE GOVERNANCE AND THE CHALLENGES FACING COMPANIES POST ENRON AND PARMALAT Jennie S. Mills Milford International Associates Limited This article will summarise the recent CORPORATE GOVERNANCE developments in Europe, discuss the potential guardians and suggest that companies can meet the CHALLENGES FACING them by embracing qualitative CORPORATE GOVERNANCE . The EU s response to the US GOVERNANCE scandals. Comments that the problems of Enron, WorldCom and Tyco could not happen in Europe are misleading. Experts have acknowledged that even in Britain, where CORPORATE GOVERNANCE practices are recognised as some of the best in the world, such problems could occur. The key question has been how can standards be improved whilst not damaging the collegiate nature of European boards and inhibiting the decision making process of companies.

CORPORATE GOVERNANCE AND THE CHALLENGES FACING COMPANIES POST ENRON AND PARMALAT Jennie S. Mills Milford International Associates Limited This article will summarise the recent corporate governance developments in Europe,

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