TY  - GEN
A1  - Börsch, Alexander
T1  - Konvergenz, Divergenz oder Hybridisierung? : Globalisierung der Finanzmärkte und Corporate Governance
T1  - Convergence, divergence or hybridisation? : Globalization of financial markets and corporate governance
N2  - The paper analyzes the impact of financial globalization on corporate governance systems. While shareholder systems are relatively unaffected by globalization pressures, the burden of adjustment rests primarily on stakeholder systems, owing to their dominant non-market forms of coordination. Convergence theory therefore expects a transformation of stakeholder systems towards shareholder systems, whereas the ‘hybridization thesis’ argues for a combination of elements from shareholder and stakeholder systems as a result of globalization. The ‘Varieties of Capitalism’ approach expects stability in corporate governance systems and a continuation of differences between them.
KW  - Finanzmärkte
KW  - Globalisierung
KW  - Unternehmensführung
KW  - Financial markets
KW  - globalization
KW  - corporate governance
Y1  - 2005
U6  - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus-47545
ER  -