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Three dominant models - Coggle Diagram

- - - - Corporate management
    - - Controls the executive board
      - Voted by employees and shareholders
- - - - Board of directors & shareholders are the controlling parties
        
        Managers and executives have secondary authority
        
        Managers derive their authority from the board,
        
        Board accountable to voting shareholders
        
        Companies with Anglo-US corporate governance systems have legislative controls over shareholders' ability to assert practical, day-to-day control over the company
- - - - Loyalty between suppliers and customers
        
        Balance takes the form of defensive posturing and distrust of new business relationships in favour of the old