Abstract
This chapter goes beyond the convergence/divergence dilemma by analysing change in CG practice in terms of the adoption of some codes of good governance rather than as the adoption of one particular model. It considers the speed of adoption of a code as a process of knowledge transfer across countries, driven by a mixture of effectiveness and legitimization reasons. The empirical study considers fifteen common-law countries and twenty civillaw countries, and finds that the development of a first code of CG was faster in countries with greater exposure to foreign investment (but not to foreign trade) and with a common law system.
| Original language | English |
|---|---|
| Title of host publication | Corporate Governance and Firm Organization |
| Subtitle of host publication | Microfoundations and Structural Forms |
| Publisher | Oxford University Press (OUP) |
| ISBN (Electronic) | 9780191710087 |
| ISBN (Print) | 0199269769, 9780199269761 |
| DOIs | |
| Publication status | Published - 9 Sept 2004 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
-
SDG 16 Peace, Justice and Strong Institutions
Keywords
- Civil/common law
- Codes of good governance
- Convergence/divergence
- Diffusion processes
- Knowledge transfers
Fingerprint
Dive into the research topics of 'The Worldwide Diffusion of Codes of Good Governance'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver