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The Comply-or-Explain Approach for Enforcing Governance Norms Subrata Sarkar

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  • Subrata Sarkar

Abstract

In recent years the comply-or-explain approach for enforcing corporate governance norms has gained ground in regulatory parlance. The comply-or-explain approach has the advantage of tailoring governance norms to specific characteristics of individual companies which is believed to lead to more efficient corporate governance outcomes compared to the “one size fits all†approach that is often argued to be inherent in the comply-or-else approach.

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  • Subrata Sarkar, 2017. "The Comply-or-Explain Approach for Enforcing Governance Norms Subrata Sarkar," Working Papers id:11700, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:11700
    Note: Institutional Papers
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    References listed on IDEAS

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    3. Rafael La Porta & Florencio Lopez‐De‐Silanes & Andrei Shleifer, 1999. "Corporate Ownership Around the World," Journal of Finance, American Finance Association, vol. 54(2), pages 471-517, April.
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