Management always operates in a hierarchy, with authority delegated downwards through the organization and accountability upwards to ultimate boss. A useful way of depicting the interaction, is to present the board as a circle superimposed on the hierarchical triangle of management.
Management always operates in a hierarchy, with authority delegated downwards through the organization and accountability upwards to ultimate boss. A useful way of depicting the interaction, is to present the board as a circle superimposed on the hierarchical triangle of management.
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Management always operates in a hierarchy, with authority delegated downwards through the organization and accountability upwards to ultimate boss. A useful way of depicting the interaction, is to present the board as a circle superimposed on the hierarchical triangle of management.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
Management always operates in a hierarchy. Ordering of responsibilities, with authority delegated downwards through the organization and accountability upwards to ultimate boss. A useful way of depicting the interaction, is to present the board as a circle superimposed on the hierarchical triangle of management.
THE ANGLOAMERICAN MODEL
THE GERMAN MODEL
CORPORATE GOVERNANCE SYSTEMS
THE JAPANESE MODEL
THE INDIAN MODEL
THE ANGLO-AMERICAN MODEL
Also known as Unitary Board Model. All directors participate in a single board comprising both executive and non-executive directors. Shareholder-oriented approach; ownership of companies is more or less equally divided between individual and institutional shareholders. Basis of corporate governance in America, Canada, Australia and other commonwealth law countries including India.
THE ANGLO-AMERICAN MODEL
THE GERMAN MODEL
Also known as the Two-Tier Board Model. Societal-Oriented approach; corporate governance is exercised through two boards, the upper board supervises the executive board. Shareholders elect only 50% of supervisory board and the other half is appointed by labor unions. Basis of corporate governance in Germany, Holland, and to an extent France.