Corporate governance in an international context: Legal systems, financing patterns and cultural variables

Corporate Governance: An International Review

Volumn 13, Issue 5, 2005, Pages 582-597

  Mintz, Steven M ^a  

^a CLAREMONT MCKENNA COLLEGE   (United States)

Author keywords

Convergence; Corporate governance; Culture; Sarbanes Oxley

Indexed keywords

EID: 25144499191     PISSN: 09648410     EISSN: None     Source Type: Journal    
DOI: 10.1111/j.1467-8683.2005.00453.x     Document Type: Conference Paper

References (37)

1. American Law Institute (ALI) (1994) Principles of Corporate Governance: Analysis and Recommendations. St Paul, MN: ALI Publishers.
2. Ascarelli, S. (2004) Citing Sarbanes, Foreign Companies Flee U.S. Exchanges, The Wall Street Journal, 20 September, C16.
3. Atkins, P. S. (2003) A Speech by SEC Commissioner: Recent Experience with Corporate Governance in the USA, 26 June, http://www.sec.gov.
4. Boatright, J. R. (1994) Fiduciary Duties and the Shareholder-Management Relation: Or, What's So Special About Shareholders? Business Ethics Quarterly, 4, 393-407.
5. Boatright, J. R. (2004) Employee Governance and the Ownership of the Firm, Business Ethics Quarterly, 14, 1-21.
6. Brickley, J., Smith, C. W. Jr. and Zimmerman, H. L. (2001) Managerial Economics and Organizational Architecture. New York: McGraw-Hill.
7. Cadbury Committee Report (1992) Report of the Committee on the Financial Aspects of Corporate Governance. http://www.ecgi.org/codes/country.
8. Combined Code on Corporate Governance (2003) http://www.ecgi.org/codes/ country.
9. Committee of European Securities Regulators (2004) A speech by William Donaldson, SEC Chairman, 26 January, http://www.useu.be.
10. Donaldson, T. and Preston, L. E. (1995) The Stakeholder Theory of the Corporation: Concepts, Evidence, and Implications, Academy of Management Review, 20, 65-91.
11. Economist Intelligence Unit (2001) A Survey of Corporate Governance.
12. Economist Intelligence Unit (2003) Corporate Governance: Business under Scrutiny, http://www.kpmg.org.
13. European Parliament and European Council (2002) Regulation (EC) No. 1601/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards, art. 4, 2002 O.J. (L243), 1.
14. Evan, W M. and Freeman, R. E. (1993) A stakeholder theory of the modern corporation: Kantian capitalism. In T. L. Beauchamp and N. E. Bowie (eds) Ethical Theory and Business. Englewood Cliffs, NJ: Prentice Hall.
15. Financial Express (2005) UK Highest in Corporate Governance Rating Among 23 Nations: Survey, 6 March, http://www.financialexpress.com.
16. Freeman, R. E. (1984) Strategic Management. Boston, MA: Pitman.
17. Hawley, J. P., Core, J. E. and Larcker, D. F. (1999) Corporate Governance. Chief Executive Officer Compensation, and Firm Performance, Journal of Financial Economics, 51, 321-354.
18. Hofstede, G. H. (1984) Culture's Consequences: International Differences in Work-related Values. Beverly Hills, CA: Sage Publications.
19. Hurst, N. E. (2004) Corporate Ethics, Governance and Social Responsibility: Comparing European Business Practices to those in the United States. A Study Conducted for the Business and Organizational Ethics Partnership: Markula Center for Applied Ethics, Santa Clara University, Spring 2004. http://www.scu.edu.
20. Institut der Wirtschaftsprufer (2003) Financial Reporting, Auditing and Corporate Governance. Dusseldorf: German Institut der Wirtschaftsprufer.
21. Jackson, G., Hoepner, M. and Kurdelbusch, A. (2004) Corporate Governance and Employees in Germany: Changing Linkages, Complementarities, and Tensions. RIETI Discussion Paper No. 04-E-008. http://www.rieti.org.
22. Jensen, M. C. and Meckling, W. H. (1976) Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, Journal of Financial Economics, 3, 305-360.
23. Jopson, B. (2004) Accounting Fears Make Japan Wary of Europe, The Financial Times, 8 December.
24. Kelly, M. (2003) The Divine Right of Capital. San Francisco, CA: Berrett-Koehler.
25. La Porta, R., Lopez-de-Silanes, F., Shleifer, A. and Vishay, R. (1997) Legal Determinants of External Finance, Journal of Finance, 52, 1131-1164.
26. Licht, A. N., Goldschmidt, C. and Schwartz, S. H. (2004) Culture, Law, and Finance: Cultural Dimensions of Corporate Governance Laws. A working paper.
27. Maitland, A. (2004) Bland Attacks Cost of US Governance, The Financial Times, 23 November.
28. Mallin, C. A. (2004) Corporate Governance. Oxford: Oxford University Press.
29. McDonnell, B. H. (2002) Public Law and Legal Theory Research. Research Paper No. 02-13. University of Minnesota Law School.
30. New York Stock Exchange (2003) Final NYSE Corporate Governance Rules. New York, NY: NYSE.
31. Nobes, C. and Parker, R. (2002) Comparative International Accounting. London: Pearson Education Limited.
32. Organization for Economic Cooperation and Development (OECD) (2004) The OECD Principles of Corporate Governance, http://www.oecd.org.
33. Roberts, C., Weetman, P. and Gordon, P. (2002) International Financial Accounting: A Comparative Approach. London: Pearson Education Limited.
34. Schmidt, R. H. (2003) Corporate Governance in Germany: An Economic Perspective. A working paper. Center for Financial Studies - Johann Wolfgang Goethe-Universitat. http://www.ifk-cfs.de.
35. Shleifer, A. and Vishny, R. W. (1997) A Survey of Corporate Governance, Journal of Finance, 52, 737-782.
36. Siebert, H. (2004) Germany's Capital Market and Corporate Governance. A working paper.
37. Smith, F. B. (2002) Your 401 (k) Plan - Lessons from Enron, Consumers' Research Magazine, February, pp. 1-6.