This article aims to research the ample cultural implications behind the expansion and adoption of corporate governance principles and practices and on the cultural differences inherent in the proc-ess of translation /localisation of American, English or transnational practices towards...

The institutional and organizational change was the subject of a rich literature for a long time. There are several specialized fields ( e.g. institutional economics, organizations theory etc.) and interdisciplinary approaches focused on the understanding and predicting changes of institutions...