It is often mentioned that the United States has a market-centered corporate governance system, whereas Germany has
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It is often mentioned that the United States has a “market-centered” corporate governance system, whereas Germany has a “bank-centered” system. Review the website of the OECD, www.oecd.org , or any other relevant websites and answer the following questions:
(a) Compare and contrast the corporate governance systems of the two countries.
(b) How did the two countries come to have the particular governance systems?
(c) What are the consequences of the different governance systems in the two countries?
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Related Book For
International Financial Management
ISBN: 9780077861605
7th Edition
Authors: Cheol Eun, Bruce Resnick
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