In this article, we examine the state of the art in comparative and international corporate governance by identifying the key research questions, main concepts, and paradigms of explanations of cross-country diversity in corporate governance. First, we discuss the multiple definitions of...

International business research has long acknowledged the importance of regional factors for foreign direct investment ("FDI") by multinational corporations ("MNCs"). However, significant differences when defining these regions obscure the analysis about how and why regions matter. In response,...

Analyzing 247 French and Spanish listed companies, we evaluate the influence of the ownership structure and the board of directors on the demand for external audit services. We argue that controlling shareholders influence the priorities of the board to focus on the provision of resources rather...

We seek to bring to the core of the study of comparative corporate governance analysis the idea that within countries and industries, there exist multiple configurations of firm level characteristics and governance practices leading to effective corporate governance. In particular, we propose...