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Corporate Governance and Enforcement

CORPORATE GOVERNANCE AND ENFORCEMENT

Erik Berglöf and Stijn Claessens
Abstract

Enforcement more than regulations, laws-on-the-books or voluntary codes is key to effective corporate governance, at least in transition and developing countries. Corporate governance and enforcement mechanisms are intimately linked as they affect firms’ ability to commit towards their stakeholders, in particular towards external investors. We provide a [...]

Corporate Governance in Eastern Central Europe: The State of the Art

CORPORATE GOVERNANCE IN EASTERN CENTRAL EUROPE : THE STATE OF ART

Arjan Vliegenthart
Department of Political Science
Vrije Universiteit, Amsterdam , The Netherlands
Abstract

The current literature on corporate governance in Eastern Central Europe is dominated by economic and juridical accounts. It widely neglects the role of politics in the establishment of a
new corporate governance system in this region. [...]

Globalisation, Corporate Governance and The Construction Industry

GLOBALISATION, CORPORATE GOVERNANCE AND THE CONSTRUCTION INDUSTRY
LLEWELLYN VAN WYK and LUCY CHEGE
ABSTRACT
A defining characteristic of globalisation is the ease of trade. This characteristic has exposed a high degree of diversity and inconsistency in global business practices. As these
inconsistencies increase risk, investors are identifying mechanisms to standardise business practices. A key mechanism is the application of [...]