Competitiveness and Corporate Governance in the EU

Research and Event Summaries

Project Abstract

It is the objective of this paper to provide insight into the evolving EU-wide corporate governance systems and its impact on firm competitiveness, as well as to discuss changes in the internal management arrangements while keeping the political-institutional, economic settings and changes in the relevant legal and social features in mind. That is, where are they, and where might they be headed? Specific attention is given to the comparison of the German and French system to the U.S. system. Moreover, this article will also briefly examine some evidence that varying legal traditions and rule of law directly impact corporate governance styles and efficiency, and the reaction of capital markets to the results of such systems.

Faculty

Scheherazade S. Rehman, Director, European Union Research Center, Institute for Global Management and Research; and Associate Professor of International Finance/Business, The George Washington University

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