HomePublicationsWorking PapersComparing Major International Corporate Governance Models

Comparing Major International Corporate Governance Models

Comparing Major International Corporate Governance Models

Maassen, G.F. and Bosch, F.A.J. van den (1997). Comparing Major International Corporate Governance Models: A Convergence of One-tier and Two-tier Board Models? Paper presented at the Academy of Management, Boston.

This paper compares Anglo-Saxon one-tier and Continental-European two-tier corporate board models regarding board’s involvement in decision-making. From the consensus and conflict perspectives of board organization, propositions are introduced on the relationship between key board model attributes and the integration or separation of the managing directors’ decision-management role and the non-executive directors’ decision-control role. Furthermore, propositions are introduced to elucidate a possible tendency towards the convergence of one-tier and two-tier board models. A recent survey of 50 of the largest Dutch firms listed at the Amsterdam Stock Exchanges suggests support for the paper’s theoretical notions on board model convergence.

Keywords: Anglo-Saxon versus Continental-European corporate boards, one-tier and two-tier corporate governance board models, board attributes and roles, executive and non-executive directors, international comparison of corporate governance board models, boardroom reform, convergence hypothesis.

 Download Comparing Major International Corporate Governance Models - A Convergence of One-tier and Two-tier Board Models.pdf
File Title: Comparing Major International Corporate Governance Models - A Convergence of One-tier and Two-tier Board Models.pdf (Details)
File Type: pdf
File Size: 217.4 KB


Related news items:
Newer news items:
Older news items:

 
You may also be interested in these articles:

PDF Download

Interested in the PDF version of the study? Click here to download.

Maassen, G.F. (2002). An International Comparison of Corporate Governance Models. A Study on the Formal Independence and Convergence of One-Tier and Two-Tier Corporate Boards of Directors in the United States of America, the United Kingdom and the Netherlands.

Maassen, G.F. (2002). An International Comparison of Corporate Governance Models. A Study on the Formal Independence and Convergence of One-Tier and Two-Tier Corporate Boards of Directors in the United States of America, the United Kingdom and the Netherlands. Amsterdam: Spencer Stuart Executive Search.