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The Convergence of Corporate Governance: Promise and Prospects

In: The Convergence of Corporate Governance

Author

Listed:
  • Abdul A. Rasheed
  • Toru Yoshikawa

Abstract

It is now more than a decade since Hansmann and Kraakman (2001) made a compelling normative case that convergence in the governance practices of public corporations around the world towards the Anglo-American model is both inevitable and desirable. Needless to say, this assertion of ‘end of history’ in corporate governance generated considerable controversy among scholars and practitioners. We believe that time has come for us to take stock of changes happening in corporate governance in countries around the world and evaluate whether indeed such convergence has been occurring. This volume represents such an evaluative effort under-taken by governance scholars from a cross section of countries.

Suggested Citation

  • Abdul A. Rasheed & Toru Yoshikawa, 2012. "The Convergence of Corporate Governance: Promise and Prospects," Palgrave Macmillan Books, in: Abdul A. Rasheed & Toru Yoshikawa (ed.), The Convergence of Corporate Governance, chapter 1, pages 1-31, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-02956-0_1
    DOI: 10.1057/9781137029560_1
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    Citations

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    Cited by:

    1. Joanna Adamska-Mieruszewska & Urszula Mrzygłód, 2020. "Foreign listing pricing effects. The case of emerging economies," Bank i Kredyt, Narodowy Bank Polski, vol. 51(4), pages 367-382.
    2. Gerum Elmar & Mölls Sascha H., 2013. "Corporate Governance-Systeme und Unternehmensfinanzierung - Empirische Befunde für deutsche Großunternehmen / Corporate Governance-Systems and Corporate Financing – Empirical Evidence for large corpor," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 64(1), pages 195-220, January.
    3. Manuel E. Núñez Izquierdo & Josep Garcia‐Blandon & Christopher F. Baum, 2021. "Evaluating the impact of compliance with governance recommendations on firm performance: The case of Spain," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 3788-3806, July.
    4. Kagaya, Tetsuyuki & 加賀谷, 哲之 & Jinnai, Toshihito, 2016. "How Does Corporate Governance Structure Affect Risk-Taking Activities In Japanese Firms?," Hitotsubashi Journal of commerce and management, Hitotsubashi University, vol. 50(1), pages 1-22, October.
    5. Muttakin, Mohammad Badrul & Monem, Reza M. & Khan, Arifur & Subramaniam, Nava, 2015. "Family firms, firm performance and political connections: Evidence from Bangladesh," Journal of Contemporary Accounting and Economics, Elsevier, vol. 11(3), pages 215-230.
    6. Esther B. Brio & Rosa M. Hernández-Maestro & Toru Yoshikawa, 2018. "How does interpersonal justice affect outside directors’ governance behavior? A cross-cultural comparison," Review of Managerial Science, Springer, vol. 12(3), pages 683-709, July.

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