Adopting western governance systems

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Discussion

Question 1. Why are many countries adopting "western" governance systems similar to those found in the United States and the United Kingdom that are more shareholder friendly?

Question 2. What particular governance devices are helping or hindering good governance in these countries that are changing their governance systems?

Question 3. How do sovereign wealth funds affect governance of firms in home and foreign countries?

Question 4. What would you recommend to improve the governance systems in Japan, Germany, and China, respectively, given the governance devices described in Chapter 10?

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Reference no: EM133169499

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