Corporate Governance Trends Across The World: A Comparison
- IJLLR Journal
- Apr 28
- 2 min read
Aakash K & Mohammed Rohin, Manipal Academy of Higher Education, Bangalore
ABSTRACT
Corporate governance refers to the set of mechanisms, processes, and principles that govern the way corporations are managed and controlled. Effective corporate governance is crucial to the long-term success of any company, as it helps ensure that decision-making is transparent, accountable, and in the best interests of shareholders and other stakeholders.
This dissertation paper aims to analyse the trends in corporate governance across different parts of the world, with a particular focus on how they compare to each other. The paper will cover the key aspects of corporate governance, such as board structure, shareholder rights, executive compensation, and disclosure requirements, and assess how these differ between countries and regions.
The paper will begin by providing an overview of the current state of corporate governance globally, highlighting some of the key challenges and opportunities faced by companies and regulators. It will then move on to compare and contrast the corporate governance practices in different regions of the world, including North America, Europe, Asia, and Africa.
In North America, the paper will examine the corporate governance practices in the United States and Canada. The paper will highlight the differences between the two countries, such as the prevalence of dual-class share structures in Canada and the greater emphasis on independent directors in the US. The paper will also analyse the impact of recent regulatory changes, such as the Dodd-Frank Act in the US, on corporate governance practices in the region.
In Europe, the paper will compare the corporate governance practices in countries such as the UK, Germany, and France. The paper will highlight the differences in board structures and shareholder rights, as well as the role of stakeholders in corporate decision-making. The paper will also examine the impact of recent regulatory developments, such as the European Union’s Shareholder Rights Directive, on corporate governance practices in the region.
