The traditional model of corporate governance is comprised of three main players: the board of directors, the management, and the shareholders who own of the corporation. This model has received a wave of criticism. The two most important complaints were that the directors had little to do with the day-to-day business of the corporation, and in their decision making the interests of the shareholders were not being taken into account. This situation has led to the creation of what has been called the "expectation gap" which is defined as the gap which exists between the shareholder's expectation, and the performance and actions of the board of directors. / To reduce this gap, the corporate governance actors have called for an increase in the independence of the board. / The purpose of this study is to give advisors to the French government a comparative understanding of the way that corporate governance in general, and in particular, the way the issue of the independence of the board has been dealt within the United States, the United Kingdom, and Canada. (Abstract shortened by UMI.)
Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.29774 |
Date | January 1997 |
Creators | Saulgrain, Julien. |
Contributors | Johnston, David (advisor) |
Publisher | McGill University |
Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
Language | English |
Detected Language | English |
Type | Electronic Thesis or Dissertation |
Format | application/pdf |
Coverage | Master of Laws (Institute of Comparative Law.) |
Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
Relation | alephsysno: 001652120, proquestno: MQ50963, Theses scanned by UMI/ProQuest. |
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