Jump to ContentJump to Main Navigation
International FinanceA Survey$
Users without a subscription are not able to see the full content.

H. Kent Baker and Leigh A. Riddick

Print publication date: 2012

Print ISBN-13: 9780199754656

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199754656.001.0001

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: 04 December 2021

International Governance and Convergence

International Governance and Convergence

(p.503) 24 International Governance and Convergence
International Finance



Oxford University Press

The debate over convergence in international corporate governance continues to rage, yet the nature of any convergence is far from homogeneous. Convergence can be formal, functional, or even contractual. Further, the degree to which convergence occurs can be comprehensive or more limited, resulting in a hybrid system of governance. Although many researchers claim the superiority of the common law system of governance for maximizing firm value, others challenge the desirability of convergence, noting that such harmonization reduces the ability to respond to national needs, lessens governance diversity, and ignores a more pressing need for the international regulation of global firms.

Keywords:   convergence, governance, cross listing, common law

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 .