Corporate Governance: An Assessment
概述了公司治理领域的关键问题与政策应对，探讨了全球治理体系的多样性、不同体系的表现差异及其与治理失败的关系，并讨论了董事会重组、市场规制和高管薪酬限制等补救措施。
Corporate governance is one of the most topical and controversial areas of business and finance. This article provides an overview of the questions that it raises and proposed policy responses. It points to the diversity in systems of corporate governance around the world, the apparently paradoxical performance of different systems and an association with different forms of corporate-governance failures. The article discusses a range of proposed remedies including the restructuring of boards, regulation of markets in corporate control and limitations on executive remuneration. It also considers whether the need for harmonized corporate-governance rules can be diminished by freedom of mobility of corporations and competition between legal systems. © The Authors (2005). Published by Oxford University Press. All rights reserved.