The cross-national diversity of corporate governance: Dimensions and determinants

Ruth V. Aguilera, Gregory Jackson

Producció científica: Article en revista indexadaArticleAvaluat per experts

1278 Cites (Scopus)

Resum

We develop a theoretical model to describe and explain variation in corporate governance among advanced capitalist economies, identifying the social relations and institutional arrangements that shape who controls corporations, what interests corporations serve, and the allocation of rights and responsibilities among corporate stakeholders. Our "actor-centered" institutional approach explains firm-level corporate governance practices in terms of institutional factors that shape how actors' interests are defined ("socially constructed") and represented. Our model has strong implications for studying issues of international convergence.

Idioma originalAnglès
Pàgines (de-a)447-465
Nombre de pàgines19
RevistaAcademy of Management review
Volum28
Número3
DOIs
Estat de la publicacióPublicada - de jul. 2003
Publicat externament

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