European Style of Corporate Governance at the Crossroads

Antoine Rebérioux

72 citations0/0 files storedJCMS Journal of Common Market Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Governance and Law Corporate Finance and Governance European Union Policy and Governance

Abstract

This article examines the basic principles of the continental European style of corporate governance, and its evolution in the context of the globalization of financial markets. By stressing the role of worker involvement, shareholder value, as an (economic) theory of the firm, as a practice and as an ideology, is critically assessed. Also, the thesis of national models’ convergence is rejected, in favour of an approach rooted in ‘institutional complementarities’. To sustain and illustrate our main conclusions, recent developments in France and Germany are studied. Finally, the current building up of a regulatory framework in the European Union — characterized by a model of corporate governance based on workplace democracy — is analysed.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 72 citations exist upstream.

References

1933The Modern Corporation and Private Property 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure 1996Law and Finance 1997A Survey of Corporate Governance 1998Corporate Ownership Around the World 1996Ownership and control: Rethinking corporate governance for the twenty-first century 1998Separation of Ownership and Control 1998Agency Problems and Residual Claims

Cited by

2007Reforming National Regulatory Institutions: the EU and Cross-National Variety in European Network Industries 2006Spaces and Places: A Systems Theory Approach to Regulatory Competition in European Company Law 2009The Stock Market and Human Resource Management: Evidence from a Survey of French Establishments 2007Capital Mobility, Varieties of Institutional Investors, and the Transforming Stability of Corporate Governance in France and Germany 2009Macroeconomic effects of ownership structure in OECD countries 2009

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.