Models of corporate governance
Anglo-US/Shareholder model: based on the principle that the primary goal of a corporation is to maximize shareholder wealth
Japanese/Hybrid Model:. In this model, the corporation is accountable to both shareholders and other stakeholders, and decisions are made with the aim of balancing the interests of all parties
German /Stakeholder Model: the corporation has a broader set of responsibilities beyond just maximizing shareholder wealth.
Stakeholders involved
Management
Shareholders
Board of Directors
Decisions are made with the aim of increasing the value of the company's stock.
Stakeholders involved
Employees
Customers
This model emphasizes the importance of creating a balance between the interests of the various stakeholders.
Stakeholders
Board of Directors
Management
Shareholders
Employees
Customers
Suppliers
Community
based on a two-tier board structure that includes a supervisory board and a management board
Environment
Supplliers
Banks