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On the (political) origin of "corporate governance" species

  • Vatiero, Massimiliano Istituto di diritto (IDUSI), Facoltà di scienze economiche, Università della Svizzera italiana, Svizzera
    2016

22 p

Corporate governance
Darwin
politics
path-dependency
English Although economies, business practices, and living standards have converged since WWII, corporate structures continue to differ among the advanced economies of the world. Looking at the diversity of corporate structures of large-sized firms around the world (and over time) would fascinate Charles Darwin. This work develops a critical review of the literature on political determinants of corporate governance through the Darwinian theory (including some Lamarckian aspects). As Darwin, in his work "On the Origin of Species", explicates the diversity of species of tortoises, finches, and iguanas of the Galapagos Islands, so Darwinism may contribute in understanding the origin and the persistence of corporate diversity. In particular, this article takes into account politics-driven variations, their inheritances, and the subsequent selection of advantageous "corporate" attributes.
Language
  • English
Classification
Law, jurisprudence
License
License undefined
Identifiers
  • RERO DOC 258819
  • ARK ark:/12658/srd1318779
Persistent URL
https://n2t.net/ark:/12658/srd1318779
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