ABSTRACT

The analyses of corporate governance systems remain one of the most fascinating research topics. They deliver even more interesting insights and observation when they refer not to individual countries but when they attempt to track characteristics or differences of the wider geographical region. The comparative analysis of corporate governance systems that evolved in Europe may seem to be a relatively easy task due to the assumed harmonization or unification of solutions adopted across Europe. However, the deeper discussion on the current stage of control structure, the development of the regulatory framework and predominantly the historic experience and recent reform efforts become an evidence for great variety of the existing systems. Thus the comparative analysis of corporate governance in Europe shows the variety of possible solutions applied. The differences depicted in national systems are substantial and their analyses deliver interesting insights on control mechanisms development process and efficiency.