Please enable JavaScript.
Coggle requires JavaScript to display documents.
MODELS OF CORPORATE GOVERNANCE - Coggle Diagram
MODELS OF CORPORATE GOVERNANCE
Anglo-American Model
board of directors
management
Shareholders
regulators
Distinct difference between ownership & management
BOD are responsible to oversee management and ensure accountaibility
Centered around maximizing shareholder profits and is mainly found in the U.S. and U.K.
Continental European Model
employees
management
Shareholders
supervisory board
Takes into account the needs of employees and other stakeholders during decision-making
A supervisory board that oversees a management board
In countries like Germany and France, this model places importance on the interests of various stakeholders, not just shareholders.
Asian Model
management
employees
shareholders
government entities
Family owners
Decisions tend to focus more on long-term relationships and community interests rather than immediate profits
Family members usually have significant authority
Can differ between the different Asian nations but generally, the focus of corporate governance is left to family members