Corporate governance after the millennium has been challenged by two mega-trends: the progress of globalisation and the imperative of limited resources compared to the growth of economic activity. The former created a challenging environment in which the stakeholders involved in corporate governance have become more numerous and complex. The latter imposed an additional objective to the operations of the corporate bodies, namely sustainability and responsibility. This chapter provides insight into the key features of and changes in corporate governance in developed and emerging economies.
|New Challenges and Opportunities
|Vincenzo Capizzi, Udo Braendle, Alex Kostyuk
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|Published - 2017