The last Asian financial crisis, coupled with the western series of corporate scandals, has caused investors and citizens to doubt mangers’ ability to guarantee credible financial information about organizations. Consequently, legislators all over the world have come to realise the necessity of legislating in the area of corporate governance.
This book explores several national corporate governance reform experiences from around the world (including Canada, China, the United States, and the European Union) and offers an explanatory theory with regard to national systems of corporate governance. It also underlines corporate governance as a management tool and principle. The author argues that each country should be encouraged to build its own system of corporate governance which should be harmonized with its history, culture and the level of its economic development.
Table of Contents
2. Micro Theories of Corporate Governance
3. Macro Theories of Corporate Governance
4. The American National System of Corporate Governance
5. The Canadian National System of Corporate Governance
6. The French National System of Corporate Governance
7. The Japanese National System of Corporate Governance
8. The Hong Kong System of Corporate Governance
9. The Chinese National System of Corporate Governance
10. The Turkish National System of Corporate Governance
11. The Transition Economies National Systems of Corporate Governance
12. The MENA countries National Systems of Corporate Governance
13. The EU System of Corporate Governance
A. Naciri is currently Professor of Finance and Accounting at UQAM School of Business and Chairman of the Montreal International Center for Governance.
"Narciri (finance and accounting, Universite du Quebec a Montreal) has edited a useful collection examining corporate governance (CG) from a global persepctive. ... this volume is a worthy contribution to the literature on the subject." -- CHOICE December 2008 Vol. 46 (R.L. Hogler, Colorado State University)