Format:
142 S.
,
graph. Darst.
,
23 cm
ISBN:
9264017275
Series Statement:
Development Centre studies
Content:
Does good corporate governance beget national growth? The strong growth sustained both in Continental Europe after the Second World War and in certain Asian countries from the 1960s to the 1990s was achieved despite corporate-governance structures which would be deemed very poor by today's standards. How was such a marked discrepancy between high-growth performance and weak governance institutions possible? Was it because corporate governance is essentially irrelevant to growth -- a view shared by many analysts of developing countries -- or because the relationships between corporate governance and long-term growth remain poorly understood? Put differently, what is "good governance"? Drawing notably on the experience of France, this book provides answers to these key questions. It is a society's entire governance culture that affects its long-term development. Its institutions of governance as a whole -- corporate and public governance together -- rather than any of them alone are what matter. The book argues that we must change the way we judge the quality of a country's institutions of governance, and proposes a striking new way to do so.--Publisher summary
Note:
Franz. Ausg. u.d.T.: Meisel, Nicolas: Culture de gouvernance et développement. - Literaturverz. S. 133 - 142
Language:
English
Subjects:
Economics
Keywords:
Entwicklungsländer
;
Schwellenländer
;
Corporate Governance
;
Wirtschaftsentwicklung
;
Wirtschaftswachstum
