{"product_id":"corporate-governance-in-germany-and-the-us-von-marcus-fuchs","title":"Corporate Governance in Germany and the US","description":"\u003cp\u003eEssay from the year 2013 in the subject Politics - General and Theories of International Politics, grade: 1,3 (German Grading System), University of Washington, language: English, abstract: After scandals like Enron in the past years, companies have been pressured to establish Corporate Governance systems to control their management. The design of these systems is often determined on a national level, but varies substantially from country to country. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis paper deals with the different systems of Corporate Governance in the United States and Germany and establishes a comparison. The focus is put on how the German system is different from that of the US. At the end, recent developments in the Corporate Governance landscape are discussed. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eTo begin with, it is important to understand what Corporate Governance means. It is defined as ¿The system of rules, practices and processes by which a company is directed and controlled¿. These rules, practices and processes are supposed to achieve values like integrity, transparency and fairness. Thereby, Corporate Governance can support a corporation to ¿fulfill its goals and objectives in a manner that adds to the value of the company and is also beneficial for all stakeholders in the long term¿.\u003c\/p\u003e\u003cp\u003eFurthermore, it strengthens a company¿s reputation and has shown to increase share prices by establishing trust. Potential investors, who might not be familiar with a corporation¿s processes and controlling practices in detail, can rely on statutory monitoring systems.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783656975892\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783656975892","offer_id":39447510941789,"sku":"9783656975892","price":15.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/437741b6-db6a-44f5-a7fe-863d67b464cd.jpg?v=1778215195","url":"https:\/\/shop.autorenwelt.de\/en\/products\/corporate-governance-in-germany-and-the-us-von-marcus-fuchs","provider":"Autorenwelt Shop","version":"1.0","type":"link"}