The backbone of European corporate governance standards after financial crisis, corporate scandals and manipulation

Abstract

Th e paper concentrates on several comparative standards in Europe, so-called a limited European set of standards on corporate governance. First, it looks at some groups of fi ndings on corporate governance subjects in the post-crisis period. It found out that companies in these periods need to oversight their legal or compliance activities, besides suitable policies. Second, it identifi ed diff erent points in latest corporate governance standard principles and systems in fi ve (5) countries in European region: Germany, Th e UK, Denmark, Sweden and France. Th ird, this paper provide with a summary of evaluation of current corporate governance systems in these above countries which may enable relevant organizations in re-evaluating their current ones. Last but not least, it aims to illustrate a limited comparative set of standards of European corporate governance, so-called backbone, and give proper recommendations to relevant governments and institutions.