Fasterling, Björn; Duhamel, Jean-Christophe - In: Revue internationale de droit économique t. XXIII, 2 (2009) 2, pp. 129-157
The ?comply or explain? mechanism, first employed in the UK, combines voluntary compliance with corporate governance … codes and a legal obligation (either by law, regulation or listing rule) to declare compliance with, or, as the case may be … compliance with a corporate governance code could lead to a conformist adoption of practices, even where they are not ideal for a …