Taking Stock of Research on Codes of Good Governance

29 Pages Posted: 28 Feb 2011

See all articles by Ruth V. Aguilera

Ruth V. Aguilera

Northeastern University - Department of International Business and Strategy

Alvaro Cuervo-Cazurra

Northeastern University - Department of International Business and Strategy

Soyoung Kim

affiliation not provided to SSRN

Date Written: February 28, 2011

Abstract

This chapter reviews the literature of codes of good corporate governance, the set of best practice recommendations regarding the behavior and structure of board of directors of a firm. The review shows that a lot of research progress has been made in recent years, but there are still large gaps in knowledge. That is, although there is a good understanding of the diffusion of codes of good governance around the globe and of the different determinants of this diffusion, there is need for more research on the specific contents of the codes, and of whether codes of good governance are an appropriate tool to improve corporate governance practices.

Keywords: codes of good governance, corporate governance, board of directors

Suggested Citation

Aguilera, Ruth V. and Cuervo-Cazurra, Alvaro and Kim, Soyoung, Taking Stock of Research on Codes of Good Governance (February 28, 2011). Available at SSRN: https://ssrn.com/abstract=1773087 or http://dx.doi.org/10.2139/ssrn.1773087

Ruth V. Aguilera (Contact Author)

Northeastern University - Department of International Business and Strategy ( email )

Boston, MA 02115
United States

Alvaro Cuervo-Cazurra

Northeastern University - Department of International Business and Strategy ( email )

D'Amore-McKim School of Business
313 Hayden Hall, 360 Huntington Avenue
Boston, MA 02115
United States
16173736568 (Phone)
16173738628 (Fax)

HOME PAGE: http://cuervo-cazurra.com

Soyoung Kim

affiliation not provided to SSRN ( email )

No Address Available

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