Corporate Governance – An International Perspective A Study of Different Corporate Governance Codes

Abstract

Fundamental aspects of majority of corporate governance codes are common across the globe, but procedural requirement and processes are unique (means what is considered as best practice in one country may not be considered best practice in another) due to different influential factor of respective territories. Some of codes are principle based whereas some others are rule based. In this article, study of corporate governance codes of different countries such as India, United Kingdom & United States of America as well as code from bodies like OCED and ICGN; is performed with objective of assessing the possibility of uniform corporate governance code worldwide.