Page info: *Author: Mathiesen, H. *Document version: 2.5. *Copyright 1997-2017, ViamInvest. Legal notice.



 

Table: International corporate governance - Tentative characterizations of legal and empirical state of large firm market for management services in various countries as of 1980-1995:

 

 

Introduction: Some of the characterizations can be found in Shleifer and Vishny [1996, pages 49-55]. Precautionary statement: The first version of this table was primarily made out of memory and consequently it lacks adequate references and may contain errors about the actual legal and empirical state of the different institutions. As time passes more references will be added.

 

Tentative characterizations of legal and empirical state of large firm market for management services in developing countries as of 1980-1995

 

A) Laws regulating this market.

Legal state: Not accounted.

Empirical state: Professional head hunting firms are not common and because family and government ownership is the norm this market is more or less replaced by intern appointment by family or ‘friends’ in the government.

Tentative characterizations of legal and empirical state of large firm market for management services in Germany as of 1980-1995

 

A) Laws regulating this market.

Legal state: Not accounted.

Empirical state: There is an active market for management services supported by professional headhunting firms.

Tentative characterizations of legal and empirical state of large firm market for management services in Japan as of 1980-1995

 

A) Laws regulating this market.

Legal state: None barriers.

Empirical state: There is a very active market for management services supported by professional headhunting firms.

Tentative characterizations of legal and empirical state of large firm market for management services in Anglo-American countries as of 1980-1995

 

A) Laws regulating this market.

Legal state: None barriers.

Empirical state: There is a very active market for management services supported by professional headhunting firms.

Tentative characterizations of legal and empirical state of large firm market for management services in Denmark as of 1980-1995

 

A) Laws regulating this market.

Legal state: Not accounted.

Empirical state: There is an active market for management services supported by professional headhunting firms.

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