COMPARATIVE CORPORATE GOVERNANCE

Corporate governance is conventionally considered in a principal-agent framework of aligning the interests of directors with shareholders. Less consideration is given to the role of corporate governance in promoting and delivering corporate purpose – but what we can learn from past experience about those relationships is debatable. What does corporate purpose imply about the appropriate structure and composition of corporate boards and the way in which board committees operate? Should employee representation be promoted in the corporate sector and, if so, how?” Critically analyse this statement and questions showing good evidence of wider reading and clear evidence of a comparative study.