2002 | OriginalPaper | Chapter
Conclusion
Author : Markus Berndt
Published in: Global Differences in Corporate Governance Systems
Publisher: Deutscher Universitätsverlag
Included in: Professional Book Archive
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It has been the aim of this dissertation to produce some new theoretical insights in the academic corporate governance debate. One major puzzle that has always remained in this debate was the question why two different systems have evolved after World War II and persisted until today, namely the outsider system and the insider system. Both systems seem to have performed about equally well.