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Journal of Foreign Legislation and Comparative Law
Reference:

E.R. Radevich Basic Models of the Corporate Governance Systems and their Influence on the Formation of the Russian System of Governance on the Corporative Communities

Abstract: This article examines the basic models of the systems of corporate governance in Great Britain, the United States of America and Europe and their influence on the formation of the Russian system of governance of joint–stock companies. From an analysis of foreign and domestic literature, it is found that the Russian system has developed as a hybrid, combining the specific features of the different models. It is concluded that basically the Russian system is closest to the European model.

Keywords:

Anglo–Saxon model, Anglo–American model, British model, U.S.A. model, European model, system of governance of joint–stock companies, unitary board, two–tier board, systems of corporate governance

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