Corporate Governance and Institutional Enviroment: Substitute or Outcome?
This paper examines the relationship between corporate governance and institutional environment. We show that the level of corporate governance that a company chooses is determined by the institutional environment. Whether corporate governance is substitute or outcome to institutional environment depends on the level of latter. Further, different dimensions of corporate governance may show different relationships.
corporate governance institutional environment substitute outcome
Chengmin XIAO
School of Accounting and Finance/Accounting Research Institute Shanghai Lixin University of Commerce, Shanghai, China
国际会议
广州
英文
1-3
2011-05-13(万方平台首次上网日期,不代表论文的发表时间)