Transferring Corporate Governance Codes: Form or Substance? Corporate Governance in Hungary

被引:3
|
作者
Martin, Roderick [1 ]
机构
[1] Cent European Univ, Sch Business, H-1023 Budapest, Hungary
关键词
D O I
10.1080/09668130903385440
中图分类号
K9 [地理];
学科分类号
0705 ;
摘要
This article examines the transfer of the OECD corporate governance code to Hungary. It documents the process of code transmission, and assesses its impact through an examination of corporate governance in the three largest Hungarian private companiesMagyar Telekom, MOL and OTP. The article illustrates the disjuncture between formal commitment to code adoption and its effective implementation, with a case study of the abortive takeover bid by OMV for MOL in 2007-2008. The reasons for the disjuncture are related to national and corporate contextual conditions, management incentives and the channels of transmission.
引用
收藏
页码:145 / 171
页数:27
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