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CORPORATE GOVERNANCE - Coggle Diagram
CORPORATE GOVERNANCE
Anglo / US Model
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Main characteristics
- Share ownership by individual, and increasingly institutional, investors not affiliated with the corporation.
- a well-developed legal framework defining the rights and responsibilities of the three stakeholders
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German Model
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Main characteristics
There is a two tiered board structure: Management Board (internal management) and Supervisory Board ( with shareholder and labour / employee representatives)
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Banks are major stakeholders in corporate governance, corporate shareholders take a minor role.