Systems of Corporate Control
Olga Taranenko
Ekonomika a Management, 2008, vol. 2008, issue 2
Abstract:
The paper analyzes two types of corporate governance system: the insider control system (the bank based system) and the outsider control system (the market based system). The paper focuses on the differences of the systems: ownership structure, financing in the systems, managing body and control of managers. Furthermore, the paper covers the problems of the systems in market economy countries by the example of Germany and the USA and transition economy countries by the example of Russia.
Keywords: Vlastnická kontrola společností; správní orgány; systém vnitřní kontroly založený na bankách; Corporate Governance; systém vnější kontroly založený na trhu; Insider Control System; vlastnická struktura; Outsider Control System; financování (search for similar items in EconPapers)
JEL-codes: M19 (search for similar items in EconPapers)
Date: 2008
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