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Corporate Governance in France and the UK

Long-Term Perspectives on Contemporary Institutional Arrangements

Bibliographic Data

ID8418650
AuthorsMorag Maclean (0000-0001-9030-7492, Royal Holloway University of London, corresponding author), Mairi Maclean
Year1999
Volume41
Issue1
Pages88-116
Publication date1999-01-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueBusiness History (JOURNAL)
Journal identifiersISSN: 0007-6791 • E-ISSN: 1743-7938
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00076799900000203
OpenAlexW2014141483
LanguageEN
Citations received9
References cited4

The Cadbury Report on the financial aspects of corporate governance, published in the UK in 1992, was landmark in thinking on governance, leading to the publication in Francen in 1995 of the Viénot Report, which boldly urged the removal of the cross-shareholdings which have formed the bedrock of French capitalism for three decades. This article considers the impact of this new emphasis on corporate governance on patterns of governance in Britain and France, examining matters of ownership and control, board membership and business elites, business cultures and decision-making, and responsibilities to shareholders. It questions whether the new focus on corporate governance has brought closer together the ways in which businesses are managed in Britain and France, towards a European model, or whether indeed France is gradually embracing the Anglo-Saxon model, and finds that such convergence as has occurred since the Second World War shows as yet no sign of leading to uniformity. Finally, the article suggests that the contemporary corporate governance debate offers a framework through which the past may be revisited and, potentially, reassessed, business historians being well placed to shed light on the competing natures as well as the competing forms of corporate governance in the world today

Capitalism · Corporate governance · Economics · Management · Political economy · Political science · Politics · Shareholder · Accounting · Corporate Finance and Governance · Law

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Unique citing works9
Citations per year0,33
Citation span1999 - 2025 (27)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 9

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