A Decade of Corporate Governance Reforms in Spain (2000–10)

Roberto García-Castro and Ruth V. Aguilera

Chapter 9 in The Convergence of Corporate Governance, 2012, pp 187-211 from Palgrave Macmillan

Abstract: Abstract In a narrow sense, corporate governance (CG) deals just with the set of relationships between the firm and its shareholders (Shleifer and Vishny, 1997). From a broader perspective, CG can be understood as the set of relationships between the firm and the shareholders, employees and other stakeholders involved in the governance of the firm (Blair and Roe, 1999; Aguilera and Jackson, 2003, 2010). Following this last, broader perspective, the purpose of this chapter is to review some of the specific features of CG in Spain, with special emphasis on the relationship between Spanish firms and their shareholders, and the current state of the reforms of the employment relationship in Spain.

Keywords: Corporate Governance; International Financial Reporting Standard; Saving Bank; Ownership Concentration; Listed Firm (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-02956-0_9

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DOI: 10.1057/9781137029560_9

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