Maassen, G.F., Bosch, F.A.J. van den, and Volberda, H. (2004). The Importance of Disclosure in Corporate Governance Self-regulation Across Europe: A Review of the Winter Report and the EU Action Plan. International Journal of Disclosure and Governance, 1(2): 146-159.
Although self-regulation has proven to be effective for the development of voluntary corporate-governance codes, the results of this study indicate that leading European companies are not yet too concerned about compliance with these codes.
While self-regulation appears to be ineffective to change the disclosure practices of companies, the study concludes that factors relevant for choosing regulatory forms and the impact and risks involved with non-compliance of companies with voluntary codes have determined the Winter Report’s emphasis on self-regulation.
|←Previous On the Supposed Independence of Two-Tier Boards||Corporate Governance of Non-Listed Companies in Emerging Markets Next→|
- The effectiveness of supervisory boards: an exploratory study of challenges in Dutch boardrooms
- The changing role of the supervisory board chairman: the case of the Netherlands (1997–2007)
- Investigating the Development of the Internal and External Service Tasks of Non-Executive Directors
- Shareholders Rights Survey 2004 - 2005 Macedonia
- On the Supposed Independence of Two-Tier Boards
- An International Comparison of Corporate Governance Models
- A Review of International Corporate Governance Developments (in Dutch)
- The Emerging Role of Audit Committees
- How the Private Sector can be Involved in the Development of Modern Business Standards
- The Netherlands - Board Index
- Corporate Governance of Non-Listed Companies in Emerging Markets
- The Effectiveness of Shareholders Meetings