European corporate governance systems are maintaining their individuality while converging on overall principles
The UK research group Ethical Investment Research Services recently released its study into global corporate governance systems. The study assessed 1,600 companies in 24 countries in North America, Europe and Asia-Pacific.
The project, “How Global is Good Corporate Governance?”, judged companies’ performance based on criteria such as separation of the roles of chief executive and chairman, the number of independent directors and the number of women on boards.
The UK and the Netherlands emerged as winners on EIRIS’s scale of corporate governance. Greece and Japan performed very poorly.
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