Naslov
Understanding Corporate Governance in The European Union: Comparative Analysis of Codes of Best Practices in the Selected Member States

Autori
Tipurić, Darko ; Cindrić, Lana ; Pranjić, Astrid Elizabeth

Izvornik
The Business Review Journal (1553-5827) 28 (2020), 1; 25-33

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
corporate governance, codes of best practices, the European Union

Sažetak
The purpose of this paper is to deepen the understanding of the role that codes of best practices have in shaping corporate governance practices in the European Union (EU). The main objective of the paper is to investigate the differences between codes of best practices in the selected EU member states concerning the type of institution that has initiated their adoption. The paper highlights the importance of corporate governance codes for shaping corporate governance practices in the EU countries. The presented results are interesting from both scientific and expert point of view. The key findings indicate codes initiated by different professional bodies have numerous similarities. Differences are, however, evident concerning the requirements on disclosure compliance, the control over the degree of compliance, the instructions on how to present the level of compliance, the types of principles and appendices, or the comprehensiveness of the code.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA