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What is Corporate Governance Code

Handbook of Research on Corporate Restructuring and Globalization
Code of voluntary standards and internal regulations that establish and regulate the procedure for corporate relations.
Published in Chapter:
Economic Consequences of Corporate Conflicts
Mikhail Yevgenievich Kuznetsov (Moscow State University, Russia), Maria I. Nikishova (Financial University Under the Government of the Russian Federation, Russia), Valeria Solovyova (Center of Corporate Development “Topcompetence”, Russia), and Konstantin I. Lukoyanov (St. Petersburg State University, Russia)
Copyright: © 2019 |Pages: 28
DOI: 10.4018/978-1-5225-8906-8.ch004
Abstract
A single economic space is created by the conditions of globalization, where corporations become the main economic actors. In this circumstance, the issues of corporate governance, especially the prevention and resolution of corporate conflicts, require the closest attention. In this chapter, the authors will try to answer the question of the possible economic consequences of major corporate conflicts and assess the degree of potential impact on the parameters of company activity: in the first part of the research, key financial indicators, credit ratings capitalization; in the second part of the research, the global economy, investment and economic growth, the dynamics of financial markets, investment climate, capital flows, etc.
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