| ID | 074666 |
| Title Proper | International regimes |
| Other Title Information | the case of western corporate governance |
| Language | ENG |
| Author | Detomasi, David A |
| Publication | 2006. |
| Summary / Abstract (Note) | Accounting and financial scandals of unprecedented scale have recently occurred in the United States, Europe, and elsewhere. Much of the cause for these scandals has been attributed to the poor corporate governance standards practiced by the offending companies, leading researchers to re-examine how corporate governance affects economic development. One topic receiving significant research attention has been whether national corporate governance systems are likely to converge, what form that convergence may take, and what barriers currently inhibit convergence. This essay argues that the tools of regime theory hold significant potential for helping to structure empirical inquiry into the process of corporate governance convergence. It then draws upon the recent experience of Western corporate governance systems to illustrate how a consensus on norms, values, and principles in the issue area of corporate governance is emerging. The essay concludes by drawing out the implications of the developing corporate governance regime for emerging market economies and the general topic of global governance. It also poses questions for continued empirical research in the area of corporate governance and international relations. |
| `In' analytical Note | International Studies Review Vol. 8, No. 2; Jun 2006: p225-251 |
| Journal Source | International Studies Review Vol: 8 No 2 |
| Key Words | Corporate Governance ; Globalisation ; Convergence ; Economic Development ; Regime Theory ; United States ; Europe, Western |