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The Cultural Dimension of Codes of Corporate Governance: A Focus on the Olivencia Report

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Business Challenging Business Ethics: New Instruments for Coping with Diversity in International Business

Abstract

The article deals with the sociocultural and historical background of the Olivencia Report and relates this to the document’s content, particularly, to its recommendations for Spanish Boards. A discussion of the distinctively Spanish understandings of loyalty, due diligence and transparency is included. The work ends with insights into parallelisms between corporate governance and political government, specifically on the role of culture, democratic representation and accountability, the distribution of power, the protection of property rights and equality.

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Abbreviations

(BBV):

Banco Bilbao Vizcaya

(BSCH):

Banco Santander Central Hispano

(EC):

Eropean Community

(EU):

European Union

(NYSE):

New York Stock Exchange

(NACD):

National Association of Corporate Directors

(OR):

Olivencia Report

(SEC):

Securities and Exchange Commission

(YPF):

Yacimientos Petroltferos Fiscales

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Author information

Authors and Affiliations

  1. Institute for Enterprise and Humanism, University of Navarre, 31080, Pamplona, Spain

    Alejo José G. Sison

Authors
  1. Alejo José G. Sison
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Editor information

Editors and Affiliations

  1. Adam Mickiewicz University, Poznan, Poland

    Jacek Sójka

  2. Erasmus University, Rotterdam, The Netherlands

    Johan Wempe

  3. KPMG, Ethics & Integrity Consulting, Amstelveen, The Netherlands

    Johan Wempe

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© 2000 Springer Science+Business Media Dordrecht

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Sison, A.J.G. (2000). The Cultural Dimension of Codes of Corporate Governance: A Focus on the Olivencia Report. In: Sójka, J., Wempe, J. (eds) Business Challenging Business Ethics: New Instruments for Coping with Diversity in International Business. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-4311-0_18

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  • DOI: https://doi.org/10.1007/978-94-011-4311-0_18

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-0-7923-6586-0

  • Online ISBN: 978-94-011-4311-0

  • eBook Packages: Springer Book Archive

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