Jump to ContentJump to Main Navigation
Corporate Governance and Firm OrganizationMicrofoundations and Structural Forms$
Users without a subscription are not able to see the full content.

Anna Grandori

Print publication date: 2004

Print ISBN-13: 9780199269761

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199269761.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 21 January 2021

The Worldwide Diffusion of Codes of Good Governance

The Worldwide Diffusion of Codes of Good Governance

(p.318) 14 The Worldwide Diffusion of Codes of Good Governance
Corporate Governance and Firm Organization

Alvaro Cuervo-Cazurra

Ruth V. Aguilera (Contributor Webpage)

Oxford University Press

This chapter goes beyond the convergence/divergence dilemma by analysing change in CG practice in terms of the adoption of some codes of good governance rather than as the adoption of one particular model. It considers the speed of adoption of a code as a process of knowledge transfer across countries, driven by a mixture of effectiveness and legitimization reasons. The empirical study considers fifteen common-law countries and twenty civil-law countries, and finds that the development of a first code of CG was faster in countries with greater exposure to foreign investment (but not to foreign trade) and with a common law system.

Keywords:   convergence/divergence, diffusion processes, civil/common law, codes of good governance, knowledge transfers

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .