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Purpose – To explore the implications of financial sector convergence for corporate governance systems. Design …/methodology/approach – Globalisation, regulatory harmonisation and pensions reform are driving convergence of bank and market oriented systems of corporate … lead to convergence of corporate governance systems; legal traditions notwithstanding. Findings – The growth in the …
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Purpose – To explore the implications of financial sector convergence for corporate governance systems. Design …/methodology/approach – Globalisation, regulatory harmonisation and pensions reform are driving convergence of bank and market oriented systems of corporate … lead to convergence of corporate governance systems; legal traditions notwithstanding. Findings – The growth in the …
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convergence. Specifically, we extend a Melitz and Ottaviano (2008) type trade model with variable mark-ups to allow for endogenous … thus fails to promote convergence. …
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