Sergio Di Nola, Massimiliano Vatiero

Political Origin and Evolution of Corporate Governance

  • Abstract

Informations and abstract

Keywords: Corporate Governance; Legal Origin Theory; Path-Dependence; Italian Cooperative Banks; Politics.

The «species» of corporate governance are the result of an adaptive evolution to the political environment. Contrary to what Legal Origin Theory advances (i.e., a convergence towards to an efficient model), we affirm that the diversity of corporate governance regimes depends on different political institutions which dominate economic contexts. This work, moreover, offers a reassessment with such biological lens of the recent Italian debate on the governance of cooperative banks and mutual organizations.

Trova nel catalogo di Worldcat

Article first page

Article first page