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International Corporate Governance
Diane K. Denis Purdue University - Krannert School of Management John J. McConnell Purdue University January 2003 ECGI - Finance Working Paper No. 05/2003; and Tuck-JQFA Contemporary Corporate Governance Issues II Conference Abstract: We survey two generations of research on corporate governance systems around the world, concentrating on countries other than the United States. The first generation of international corporate governance research is patterned after the US reasearch that precedes it. These studies examine individual governance mechanisms - particularly board composition and equity ownership - in individual countries. The second generation of international corporate governance research recognizes the fundamental impact of differing legal sysems on the structure and effectiveness of corporate governance and compares systems across countries.
Keywords: corporate governance, ownership, control, takeovers, block holders, boards, investor protection JEL Classifications: F02, G32, G34, G38, K22 Working Paper SeriesDate posted: July 30, 2002 ; Last revised: April 30, 2003Suggested CitationContact Information
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