International Theories of Corporate Governance: Critical Analysis and Evidence of the Italian Model

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Abstract

The corporate governance is an international topic deeply studied in accounting management and economic literature, but a unique and agreed definition of governance is not achieved yet, because every firm has its own features so it is difficult to define in general terms. Literature agrees that two archetypes exist: the Anglo-Saxon and German-Japanese models that focus on agency and stakeholder theories respectively. It is relevant to notice that the Italian model does not belong to the two previous archetypes, because some features completely differ from them. In addition, the relationship between the Italian case and the international corporate governance theories is not clear. Thus, the aim of this paper is to understand the connection between the Italian model and the international theories of corporate governance.
Original languageEnglish
Pages (from-to)140-145
Number of pages6
JournalJournal of Economics, Business and Management
Volume1
Issue number1
DOIs
Publication statusPublished - Feb 2013

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Corporate governance
Archetypes
Agency theory
Governance theory
Economics
Governance
Management accounting
International corporate governance
Stakeholder theory

Cite this

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