ON THE (POLITICAL) ORIGIN OF ‘CORPORATE GOVERNANCE’ SPECIES
借助达尔文进化论(含拉马克观点),批判性回顾了政治因素如何决定公司治理多样性的文献,解释二战后各国企业结构差异的起源与持续。
Abstract Although economies, business practices and living standards have converged since WWII, corporate structures continue to differ among the advanced economies of the world. Looking at the diversity of corporate structures of large‐sized firms around the world (and over time) would fascinate Charles Darwin. This work develops a critical review of the literature on political determinants of corporate governance through the Darwinian theory (including some Lamarckian aspects). As Darwin, in his work On the Origin of Species , explicates the diversity of species of tortoises, finches and iguanas of the Galapagos Islands, so Darwinism may contribute in understanding the origin and the persistence of corporate diversity. In particular, this paper takes into account politics‐driven variations , their inheritances , and the subsequent selection of advantageous ‘corporate’ attributes.