TY - JOUR
T1 - Evolving 'rules of the game' in corporate governance
AU - Hill, Jennifer
PY - 2008
Y1 - 2008
N2 - While post-scandal reforms in the USA, UK and Australia were prompted by similar motivations, interesting differences in terms of their focus and structure still resonate in current corporate governance debate. The unique contours of the various regulatory responses challenge not only the traditional convergence hypothesis, but also the idea that a unified common law corporate governance model exists. Rather, a fluid, dynamic and increasingly fragmented picture of corporate governance has emerged. Within this developing corporate governance framework, various jurisdictions are able to test regulatory techniques and learn by their own trial and error, and that of other jurisdictions.
AB - While post-scandal reforms in the USA, UK and Australia were prompted by similar motivations, interesting differences in terms of their focus and structure still resonate in current corporate governance debate. The unique contours of the various regulatory responses challenge not only the traditional convergence hypothesis, but also the idea that a unified common law corporate governance model exists. Rather, a fluid, dynamic and increasingly fragmented picture of corporate governance has emerged. Within this developing corporate governance framework, various jurisdictions are able to test regulatory techniques and learn by their own trial and error, and that of other jurisdictions.
KW - Sarbanes-Oxley Act
KW - capital market regulations
KW - corporate social responsibility
KW - CSR
KW - corporate governance
KW - reform
U2 - 10.1504/IJCG.2008.017649
DO - 10.1504/IJCG.2008.017649
M3 - Article
SN - 1754-3037
VL - 1
SP - 28
EP - 48
JO - International Journal of Corporate Governance
JF - International Journal of Corporate Governance
IS - 1
ER -