A Comparative Analysis of Corporate Governance Structures in Europe, USA and Latin America
Anamaria Avadanei
Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 120-126
Abstract:
The aim of the present paper is to highlight the characteristics of corporate governance structures in three main areas: Europe, USA and Latin America. This paper offers an overview of the common elements and divergent points of the corporate governance models following the particularities of the selected regions. In order to identify the main directions of reform, we discuss the nature and structure of corporate regimes. To conclude, we can’t speak of a single set of global corporate governance standards, but rather convergence on selected issues within regional blocs. New tendencies generated by the financial ‘underworld’ demand for a solid reform.
Keywords: corporation; financial crisis; corporate governance; corporate social responsibility (search for similar items in EconPapers)
JEL-codes: G01 G30 G34 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:11:y:2011:i:1:p:120-126
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