Corporate governance lies at the heart of contemporary debates over internationalization and varieties of capitalism. Despite this growing attention to cross-national diversity, a unified comparative framework remains elusive. This article develops a theoretical model to describe and explain...

The article examines the effects of non-financial disclosure (NFD) on corporate social responsibility (CSR). We conceptualise trade-offs between two ideal types (government regulation and business self-regulation) in relation to CSR. Whereas self-regulation is associated with greater flexibility...

The U.S. is often seen as being the paradigmatic case of the shareholder-oriented or market-based model to corporate governance, and described in terms of several inter-related elements: activist institutional investors, an open market for corporate control, independent outside directors on the...