What is anglo saxon the european model of corporate governance?
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In general, the Anglo-Saxon model of corporate governance is a system of supervision as well as the control over the corporation;
even it is also functioning in the United States, Canada, the United Kingdom and Australia.
The main feature of this model is to rely on the capital market.
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Anglo-Saxon model of corporate governance is a system of supervision and control over the functioning of a corporation and it is followed in the United Kingdom, Canada, the United States, and Australia.
Explanation:
- The important part of this is to depend on the capital market, for forming a control over the corporation.
- The system is monitored and controlled by investors. They show their approval or disapproval of the actions initiated by the management of the company by either buying or selling the shares of the company.
- They also attend the general body meeting of the shareholders and the relationship with the investors is purely professional.
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