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Varieties of CapitalismThe Institutional Foundations of Comparative Advantage$
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Peter A. Hall and David Soskice

Print publication date: 2001

Print ISBN-13: 9780199247752

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0199247757.001.0001

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Varieties of Corporate Governance: Comparing Germany and the UK

Varieties of Corporate Governance: Comparing Germany and the UK

Chapter:
(p.337) 10 Varieties of Corporate Governance: Comparing Germany and the UK
Source:
Varieties of Capitalism
Author(s):

Sigurt Vitols

Publisher:
Oxford University Press
DOI:10.1093/0199247757.003.0010

This chapter compares the systems for corporate governance of Germany and the UK as systems typical of liberal and coordinated market economies with attention to the relationship between markets for corporate governance and corporate finance and managerial structure. It traces recent changes in both systems concluding that each remains distinctive. It explores the impact of these differences on recent firm strategies in the sectors of financial services and the chemicals and pharmaceutical industry.

Keywords:   chemicals, corporate finance, corporate governance, financial services, firm strategies, Germany, managerial structure, pharmaceuticals, United Kingdom

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