Our primary focus is on governance as it applies to listed companies and we have especially highlighted the situation in the UK. We have made this choice because the Anglo-Saxon notion of the firm, with the primacy it grants to investors and the role of capital markets, while not universal, has come to epitomize the efficiency and hazard of the modern company. It is also the case that the UK model of governance structures has been replicated in many other countries. We shall, however, examine international guidelines, developed to aid countries seeking to bring their own systems in line with international norms.
Our primary focus is on governance as it applies to listed companies and we have especially highlighted the situation in the UK. We have made this choice because the Anglo-Saxon notion of the firm, with the primacy it grants to investors and the role of capital markets, while not universal, has come to epitomize the efficiency and hazard of the modern company. It is also the case that the UK model of governance structures has been replicated in many other countries. We shall, however, examine international guidelines, developed to aid countries seeking to bring their own systems in line with international norms.
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