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Models of Corporate Governance & it's Stakeholders, These three…
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This model is primarily followed in the U.S., U.K., Canada, and Australia. It usually has focus on increasing shareholder worth , with a strong backing on market-driven corporate governancetext
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This model is used in countries like Germany, France, and the Netherlands. It emphasizes broader stakeholder representation, balancing the interests of employees, creditors, and the community alongside shareholders
Why it differs:*Rather than focusing on individual shareholder value, this approach highlights corporate stability, long-term growth, and collaboration among companies.*
Found in Japan, this model is based on long-term relationships between companies, banks, and suppliers, often structured within keiretsu (corporate group networks).
Why it differs: This model emphasizes shareholder value and frequently considers short-term financial results as a crucial measure of achievement.
Why It differs:This model emphasizes long-term stability and fair treatment of all stakeholders, instead of prioritizing short-term profit maximization
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