Premium
Corporate Governance: Does One Size Fit All?
Author(s) -
Anderson AnneMarie,
Gupta Parveen P.
Publication year - 2013
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21845
Subject(s) - corporate governance , variety (cybernetics) , accounting , business , best practice , economics , management , finance , computer science , artificial intelligence
A variety of corporate governance practices have been adopted by various world regulators in the past 20 years. Unfortunately, the evidence suggests that mandating corporate governance practices and corporations' voluntarily use of Anglo‐Saxon practices both seem to lead to suboptimal firm performance, whether those practices are principle based, as in the British system, or rules based, as in the American system. © 2013 Wiley Periodicals, Inc.