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US Sets Global Trends Behind Governance Shake-UpSimon C. Y. WongNorthwestern University School of Law; London School of Economics; McKinsey & Co. Inc. 2004 International Financial Law Review, 2004 Abstract: This article surveys corporate governance reforms across the globe, including developments relating to board independence, transparency and disclosure, shareholder rights, gatekeepers, and institutional investors. In addition, the article addresses four key questions for policymakers as corporate governance reform progresses: should they favor voluntary corporate governance codes over prescriptive legislation, are there practical limits to reform, how realistic is global convergence of governance standards and, lastly, can you measure good governance after all?
Number of Pages in PDF File: 7 Keywords: Corporate governance reform, global convergence JEL Classification: G34, G38 Date posted: December 29, 2008 ; Last revised: June 1, 2009Suggested CitationContact Information
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