Corporate governance: Implications from a cultural perspective Cover Image

Corporate governance: Implications from a cultural perspective
Corporate governance: Implications from a cultural perspective

Author(s): Sorina Chiper
Subject(s): Transformation Period (1990 - 2010), Financial Markets, Accounting - Business Administration
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: corporate governance; cultural differences; Olivencia report; Corporate Governnace Code of the Bucharest Stock Exchange;

Summary/Abstract: This article aims to research the ample cultural implications behind the expansion and adoption of corporate governance principles and practices and on the cultural differences inherent in the process of translation /localisation of American, English or transnational practices towards continental Europe. More precisely, in the last part of this article, we shall compare the Olivencia rapport from Spain and the Code Corporate Governnace Code of the Bucharest Stock Exchange, with a view to analyzing how elements of national culture influence the transfer of corporate governance principles.

  • Issue Year: 57/2010
  • Issue No: 1
  • Page Range: 109-116
  • Page Count: 8
  • Language: English