This paper aims to describe and explain corporate governance in Italy and, secondly, to provide an overview of corporate governance in the other main Mediterranean countries in order to verify whether a common model exists. Although there are contact points in terms of industrial structure, ownership structure and poor contestability of capital, the findings of the review does not confirm the hypothesis. Indeed, the Italian system shares only with the Portuguese one the presence of the three options and the prevalence of the horizontal two-tier model. However, it is characterized by both lesser specificity of alternative systems and less convergence towards the Anglo-Saxon system.

Is there a mediterranean corporate governance system? : Evidence from literature / P. Esposito, P. Ricci, F. Fusco (EUROMED ACADEMY OF BUSINESS CONFERENCE BOOK OF PROCEEDINGS). - In: Global and national business theories and practice: bridging the past with the future / [a cura di] D. Vrontis, Y. Weber, E. Tsoukatos. - [s.l] : EuroMed Press, 2017. - ISBN 9789963711567. - pp. 1442-1453 (( Intervento presentato al 10. convegno Annual Conference of the EuroMed-Academy-of-Business: Global and national business theories and practice: bridging the past with the future tenutosi a Roma nel 2017.

Is there a mediterranean corporate governance system? : Evidence from literature

Fusco Floriana
2017

Abstract

This paper aims to describe and explain corporate governance in Italy and, secondly, to provide an overview of corporate governance in the other main Mediterranean countries in order to verify whether a common model exists. Although there are contact points in terms of industrial structure, ownership structure and poor contestability of capital, the findings of the review does not confirm the hypothesis. Indeed, the Italian system shares only with the Portuguese one the presence of the three options and the prevalence of the horizontal two-tier model. However, it is characterized by both lesser specificity of alternative systems and less convergence towards the Anglo-Saxon system.
corporate governance; Mediterranean countries; Italy; Corporate ownership
Settore SECS-P/07 - Economia Aziendale
Book Part (author)
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2434/676917
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