Different Corporate Governance Models

The Monistic Model

The Dualistic Model

Two-tiered

Single Tier

Supervisory board

Executive board

Non-executives with supervisory powers

Day-to-day executive managers

Shareholders goals

Outside directors: - in charge of corporate monitoring

Inside directors: - in charge of business management

Non executive independent members

Audit committee

The Traditional Model

Horizontal dualistic model

Board of directors

Board of statutory auditors

Executive committe

Reference:

Models of Corporate Governance: Matteo Puddo