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Europe Daily Bulletin No. 8477

6 June 2003
A LOOK BEHIND THE NEWS /
What is at stake with corporate governance

If I were a high school teacher … If I were a high school teacher, what would I tell my pupils on the subject of the global debates on corporate governance? First of all, I would say that the doctrinaire attitudes have had their day, even those inspired by Nobel prizewinners. Not only the theory of "management power" but also that of "only the interest of shareholders is legitimate" have failed because the main winner is once again the "auri sacra fames" (Virgil), the terrible thirst for...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS