Corporate governance

Chapter 10 page 260-277 of your text, Marlin sets out the characteristics of the governance systems of four European countries namely Germany, Denmark, France and Italy. Each jurisdiction has different governance codes. How did the governance codes develop in each jurisdiction? What are the main differences in the governance codes? In your view, are the governance codes converging—that is, becoming more similar to one another—or diverging—that is, becoming more different? Will this benefit or hinder the European countries? Why?

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