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Current Issues in European Corporate Governance
M.Becht
Background Note prepared for the Euro 50 Group Meeting on Corporate Governance (European Investment Bank).
Июль
2003.
After the recent scandals in the United States, corporate governance was added to
the agenda of Heads of State and might be there to stay, at least for a while. This
development marks the peak of a recent scandal driven policy programme that goes
back to the early 1990s at the national level and hit the international scene with
the 1998 Russia/Asia/Brazil crisis.
The remainder of this note is structured as follows: Section 2 provides a stylised
map of corporate control arrangements in Europe. Section 3 sets out the theoretical
merits of each model. Section 4 discusses the potential of various policies that
have been proposed in the context of each model. Section 5 provides a brief outline
of the policies that are currently debated in Europe and the United States. Section
6 gives hyperlinks to a survey of the scientific evidence on corporate governance
and to key policy documents that have been put out by the European Commission and
by various institutions in the United States.
См. также:
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