2014 | OriginalPaper | Buchkapitel
Corporate Governance in the United Kingdom
verfasst von : Felix I. Lessambo
Erschienen in: The International Corporate Governance System
Verlag: Palgrave Macmillan UK
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Though corporate governance in the United States and the United Kingdom have more in common than any other pair of developed countries, the two systems have striking differences that even render the term or concept of ‘Anglo-Saxon’ corporate governance irrelevant. Shareholders in the UK enjoy unparalleled power in corporate decisions relative to their US counterparts. That is because the purpose of the US corporation and the purpose of the UK corporation are not, strictly speaking, the same.1