The purpose of this paper is to investigate how internationalisation of corporate governance mechanisms influences firm performance.
The paper is based on the data collected from annual reports of the year 2004, from all 239 Swedish corporations listed on the Stockholm Stock Exchange, on which a quantitative analysis was performed.
The findings suggest that internationalisation of corporate governance does not have a straightforward influence on firm performance, which can be due to: the fact that mechanisms with governance functions have several functions, of which governance is but one; and the fact that governance mechanisms cannot be analyzed in isolation, since they are included in a coherent corporate governance strategy.
The paper is the first to investigate the corporate governance mechanisms' internationalisation issue.
Yrjö Collin, S., Smith, E., Umans, T., Broberg, P. and Tagesson, T. (2013), "Mechanisms of corporate governance going international", Baltic Journal of Management, Vol. 8 No. 1, pp. 79-101. https://doi.org/10.1108/17465261311291678Download as .RIS
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