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Corporate Governance Models - Coggle Diagram
Corporate Governance Models
German Model
Stakeholders:
Board of Directors
Comprises representatives from various stakeholders.
Labor Unions
Represent employees' interests
Government
Regulates corporate governance and policies.
Employees
Often have representation on the board.
Communities
Impacted by company operations.
Anglo American Model
Stakeholders:
Board of Directors
Represents shareholders' interests, sets strategy, and oversees management.
Management
Executes day-to-day operations and implements the board's directives.
Employees
Contribute to company operations.
Regulators
Enforce laws and regulations related to governance.
Creditors
: Lend money to the company with an interest in financial health.
Japanese Model
Stakeholders:
Board of Directors
Includes representatives from stakeholders
Employees
significant influence on decisions.
Business Partners
Suppliers, customers, etc., may be involved
Government
Regulations impact governance practices.
Banks and Financial Institutions
Provide financing and influence decisions.