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Slowly but surely, global governance practices are converging

Joe Mont | December 13, 2016

The United States and European Union are often considered to have the gold standard in corporate governance. The reputations, however, may start to fall short of reality as even the most insular countries get on board with best practices in governance.

There are, of course, many ways that Western nations have deserved their reputation as trendsetters for shareholder rights and board oversight. Increasingly, however, other countries —including China, Brazil, South Africa, and Saudi Arabia—are beginning to catch up to, if not improve upon, those efforts.

Corporate governance trends and practices around the world are converging is the conclusion drawn by Farient Advisors, an executive compensation and performance consultancy, in a new report prepared in conjunction with the Global Governance and Executive Compensation Network, a coalition of similar firms around the world.

To reach that thesis, the study,... To get the full story, subscribe now.