Corporate Governance Codes for the 21st Century
| Autor: | Jean J. du Plessis, Chee Keong Low |
|---|---|
| EAN: | 9783319518688 |
| eBook Format: | |
| Sprache: | Englisch |
| Produktart: | eBook |
| Veröffentlichungsdatum: | 19.04.2017 |
| Untertitel: | International Perspectives and Critical Analyses |
| Kategorie: | |
| Schlagworte: | Corporate governance codes Corporate law Corporate regulation Corporate social responsibility (CSR) Responsible corporate behavior and sustainability |
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The book is the first comprehensive consideration, since the UK Cadbury Report recommended a voluntary Corporate Governance Code, of the question whether Corporate Governance Codes are the most effective way of ensuring adherence to good corporate governance principles. There is no doubt that the idea of voluntary compliance with good corporate governance practices, based on the principle of 'comply or explain', has captured the imagination of the world. It is probably one of the best and most comprehensive examples of 'self-regulation' ever seen in any area where the society could be affected significantly, for current purposes by corporations.
However, is this the most effective way of ensuring that corporations act responsibly and adhere to good corporate governance principles? Have these Codes really improved corporate governance practices significantly? Is it time for a rethink and, at least in certain areas, start to rely more on 'hard law' and clearer expectations to ensure compliance? All these issues are addressed in the book.
Jean Jacques du Plessis is Professor of Law at Deakin University, Australia.
Chee Keong Low is Associate Professor in Corporate Law at Chinese University of Hong Kong.
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