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Corporate Governance Foundations

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Management Science

Part of the book series: Management and Industrial Engineering ((MINEN))

Abstract

The first part of this chapter is dedicated to corporate governance and to the different theories and models that can be found throughout the world, as well as to the analysis of the influence of local culture and law in the governance models. On a second step, the authors concrete the study in the Boards of Directors, and in some of the variables that mostly affect them, choosing six countries for an empiric study. Other important aspects, such as the board independence , the behavioral approach to analyze the board effectiveness , or the governance of nonprofit organizations, are analyzed in the last part of the chapter.

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Notes

  1. 1.

    “Originally developed by the OECD in 1999, then updated in 2004, the 2015 revision of the Principles of Corporate Governance addresses these and other emerging issues that are increasingly relevant. Building on the expertise and experience of policy-makers, regulators, business and other stakeholders from around the world, the principles provide an indispensable and globally recognized benchmark for assessing and improving corporate governance ” [9].

  2. 2.

    In this paragraph, we follow Martín Martínez: 98–99 [18], who cites Bilbao Calabuig and Rodríguez Carrasco: 154 and 159 [19].

  3. 3.

    More about this approach can be found in Fernández Fernández: 119 [20].

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Author information

Authors and Affiliations

  1. Universidad Autonoma de Madrid, Madrid, Spain

    Nuria Bajo Davó

  2. UNED, Madrid, Spain

    Víctor Manuel Martín Martínez & José Manuel Rodríguez-Carrasco

Authors
  1. Nuria Bajo Davó
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  2. Víctor Manuel Martín Martínez
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  3. José Manuel Rodríguez-Carrasco
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Correspondence to Nuria Bajo Davó .

Editor information

Editors and Affiliations

  1. Department of Management, School of Economics and Management, University of Minho, Campus Gualtar, Braga, Portugal

    Carolina Machado

  2. Department of Mechanical Engineering, University of Aveiro, Campus Santiago, Aveiro, Portugal

    J. Paulo Davim

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Bajo Davó, N., Martín Martínez, V.M., Rodríguez-Carrasco, J.M. (2019). Corporate Governance Foundations. In: Machado, C., Davim, J. (eds) Management Science. Management and Industrial Engineering. Springer, Cham. https://doi.org/10.1007/978-3-030-13229-3_1

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  • DOI: https://doi.org/10.1007/978-3-030-13229-3_1

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