The Magazine of Corporate Responsibility

Tag Archive for ‘Organisation of Economic Co-Operation and Development’

Have We Placed Too Much Faith in Corporate Governance Reform?

Across the globe, the trend toward corporate governance reform continues in response to the global financial crisis and to the opening of markets in developing economies. But consultants for the executive search firm Spencer Stuart think some of that may be overdone. “Governance regulation plays a valuable role,” they write, “but those who elevate its standing to that of corporate savior are exaggerating its power.”