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Corporate Governance in the Philippines and Switzerland―A Comparison of the Institutional Environment and Practices

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Corporate Governance in Emerging Markets

Part of the book series: CSR, Sustainability, Ethics & Governance ((CSEG))

Abstract

This chapter reviews the corporate governance environment of the Philippines and Switzerland by comparing and contrasting the experiences and practices of businesses in these two countries. The comparison between an economically developed country and a developing one provides an insight into the challenges both countries face in implementing corporate governance reforms. The theoretical scope is explored by emphasizing the institutional framework of both countries. Underlying economic measures are also provided placing the context of corporate ownership and board experience.

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Notes

  1. 1.

    A synopsis of Switzerland's history and development can be found in e.g. Maissen (2012). For the institutional System see Schweizerische Eidgenossenschaft (2012).

  2. 2.

    Ratios: United States: 17,140,000 (market value of publicly traded shares in 2010)/15,650,000 (GDP in 2012). Germany: 1,430,000/3,367,000. China: 4,763,000/8,250,000.

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Author information

Authors and Affiliations

  1. Management Discipline Group, UTS Business School, University of Technology Sydney, Sydney, NSW, Australia

    Marie dela Rama

  2. Department of Financial Management, University of Basel, Basel, Switzerland

    Christophe Volonté & Simon Zaby

Authors
  1. Marie dela Rama
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  2. Christophe Volonté
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  3. Simon Zaby
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Corresponding author

Correspondence to Christophe Volonté .

Editor information

Editors and Affiliations

  1. Department of Accounting and Finance, Champagne School of Management (Groupe ESC Troyes en Champagne), Troyes, France

    Sabri Boubaker

  2. IPAG Research Lab, IPAG Business School, Paris, France

    Duc Khuong Nguyen

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Rama, M.d., Volonté, C., Zaby, S. (2014). Corporate Governance in the Philippines and Switzerland―A Comparison of the Institutional Environment and Practices. In: Boubaker, S., Nguyen, D. (eds) Corporate Governance in Emerging Markets. CSR, Sustainability, Ethics & Governance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-44955-0_14

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