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Deutschland wird häufig als klassisches Beispiel einer Ökonomie herangezogen, die nicht am Shareholder Value orientiert ist. Die produktionistische, langfristige und auf Konsens gerichtete Orientierung hier wurde oft als Gegenmodell zum „angelsächsischem Ansatz“ herangezogen. Der Einfluss...
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In the debate on globalisation of the financial markets and its effect on corporate governance it is often claimed that the pressure for higher rates of return exerted by institutional investors in the name of shareholder value, has led to a fundamental change of company policy among listed...
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As Germany enters the 21st century, the traditional system of corporate governance, often referred to as “Deutschland AG”, has come under intense pressure to change. This report seeks to analyze the recent dynamics of the system to assess the extent to which they have already led to an...
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