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The translation of corporate governance changes across national cultures: the case of Germany

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  • Trevor Buck

    (Loughborough University Business School, Loughborough, UK)

  • Azura Shahrim

    (Leicester Graduate School of Business, De Montfort University, Leicester, UK)

Abstract

Contrasting systems of corporate governance persist internationally but are subject to regulatory and firm-level institutional change. Such changes may be viewed as organisational innovations, often imported from the USA in the face of different national cultures. This paper analyses the implications of national culture for the translation of innovations, and provides case study illustrations of regulatory and firm-level governance changes experienced in Germany. These illustrations demonstrate that the diffusion of both kinds of change has been subject to substantial translation that is consistent with German national culture. Journal of International Business Studies (2005) 36, 42–61. doi:10.1057/palgrave.jibs.8400109

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  • Trevor Buck & Azura Shahrim, 2005. "The translation of corporate governance changes across national cultures: the case of Germany," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 36(1), pages 42-61, January.
    • Handle: RePEc:pal:jintbs:v:36:y:2005:i:1:p:42-61
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