The Corporate Governance 'Codes of Conduct' between State and Private Law

Financial Law Institute Working Paper No. 2007-07

32 Pages Posted: 12 Dec 2007 Last revised: 4 Feb 2010

See all articles by Eddy Wymeersch

Eddy Wymeersch

Ghent University - Financial Law Institute; ECGI

Date Written: November 1, 2007

Abstract

The relationship between corporate governance codes and the legal order in which they function is a complex one. This paper aims at analysing this relationship on the one hand by describing the factual situation in which the codes have been developed, and on the other the enforcement and monitoring of the codes in the different jurisdictions. It points to the weaknesses in enforcement and calls for developing stronger enforcement instrument without abandoning the self-regulatory nature of the codes.

Keywords: corporate law, corporate governance, enforcement

JEL Classification: K22

Suggested Citation

Wymeersch, Eddy O., The Corporate Governance 'Codes of Conduct' between State and Private Law (November 1, 2007). Financial Law Institute Working Paper No. 2007-07, Available at SSRN: https://ssrn.com/abstract=1032596 or http://dx.doi.org/10.2139/ssrn.1032596

Eddy O. Wymeersch (Contact Author)

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