Transcription of Three Models of Corporate Governance - January …
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Three Models of Corporate Governance - January …
Three Models of Corporate Governance from Developed Capital Markets Introduction The Corporate Governance structure of joint stock corporations in a given country is determined by several factors: the legal and regulatory framework outlining the rights and responsibilities of all parties involved in Corporate Governance ; the de facto realities of the Corporate environment in the country; and each corporation's articles of association. While Corporate Governance provisions may differ from corporation to corporation, many de facto and de jure factors affect corporations in a similar way. Therefore, it is possible to outline a "model" of Corporate Governance for a given country. In each country, the Corporate Governance structure has certain characteristics or constituent elements, which distinguish it from structures in other countries.
EWMI/PFS Program / Lectures on Corporate Governance - Three Models of Corporate Governance – December2005.doc 3 Composition of …
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