International corporate governance: A review and opportunities for future research

Ruth V. Aguilera (), Valentina Marano () and Ilir Haxhi ()
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Ruth V. Aguilera: Northeastern University
Valentina Marano: Northeastern University
Ilir Haxhi: University of Amsterdam

Journal of International Business Studies, 2019, vol. 50, issue 4, No 1, 457-498

Abstract: Abstract We review four decades of research about the corporate governance of multinational corporations (MNCs), which we label International Corporate Governance (ICG). We identify and discuss three main streams of research that draw on different conceptualizations and theoretical lenses of (corporate) governance. After synthesizing their respective findings, we propose several avenues for future research that integrate these three streams of research with the goal of developing a more nuanced understanding of ICG. We hope this review article will inspire international business scholars to continue examining how corporate governance can be an effective tool for MNC success.

Keywords: multinational corporations (MNCs) and enterprises (MNEs); corporate governance; comparative organizational studies; headquarters–subsidiary roles and relations; ownership/control structures; international corporate governance (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (41)

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DOI: 10.1057/s41267-019-00232-w

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