Developments having Effect on Corporate Governance | Europe | Business
Despite the stalemate on the EU's corporate governance directives, five developments are increasingly having the effect of reducing the specificities of systems, opening national markets to international competition and augmenting the importance of stock markets: 1. Growing Role of Institutional Investors 2. Integration of Capital Markets 3. Harmonisation of Accounting Standards 4. Shareholder Activism 5. Privatisation. 1. Growing Role of [...]