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Convergence of Corporate Governance Models
https://doi.org/10.32609/0042-8736-2004-1-129-140
Abstract
The article focuses on the analysis of the process of convergence of outsider and insider models of corporate governance. Chief characteristics of basic and intermediate systems of corporate governance as well as the changing role of its main agents are under examination. Globalization of financial and commodity markets, convergence of legal systems, an open exchange of ideas and information are the driving forces of the convergence of basic systems of corporate governance. However the convergence does not imply the unification of institutional environment and national institutions of corporate governance.
About the Author
M. Tretyakov
Institute of World Economy and International Relations, Russian Academy of Sciences
Russian Federation
Russian Federation
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Review
For citations:
Tretyakov M. Convergence of Corporate Governance Models. Voprosy Ekonomiki. 2004;(1):129-140. (In Russ.) https://doi.org/10.32609/0042-8736-2004-1-129-140
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