Corporate Governance in New Normality : Findings and Recommendations by International Organizations

In analyzing effects of global crisis the international organizations identifying a series of shortcomings and outline best practices in corporate governance. The aim of the study is to identify the participants and instruments in corporate governance in the so-called new normality. The results show that it is gear more closely to the interests of stakeholders, rather than those of shareholders. It was also found that internationally there is a trend towards convergence of practices in corporate governance and in utmost to increase the liability of shareholders and increase the accountability of managers