This document deals with corporate governance and its impact on corporate performance and
economic performance. This work is first summarized and based on previous work done, for
example, to provide a clearer expression of the corporate governance models of shareholders
and shareholders. It then addresses some of the key factors that lead to the effectiveness of
corporate governance, and examines some of the strengths, weaknesses, and economic
consequences associated with different corporate governance systems. In addition to
providing information not provided in previous work, it also provides new information on the
concentration of ownership and voting rights in a number of OECD countries. This document
also provides empirical evidence on the relationship between corporate governance, firm
performance, and economic growth. Finally, several policy implications are identified. This
document shows how a corporate governance framework can influence the development of
stock markets, R&D and innovative, corporate activities and the development of an active
SME sector, thereby affecting economic growth. However, there is no single model of
corporate governance, and each country has, over time, developed a variety of mechanisms to
overcome representation problems arising from separation of ownership and control. This
document examines the various mechanisms used in different systems (eg centralized
ownership, executive rent schemes, stock market, inter-corporate shareholding, etc.) and
examines the available evidence. Whether they have achieved their goal or not. do. For
example, one of the benefits of centralized ownership is that it provides more effective
oversight of management and helps with representation problems arising from separation of
ownership and control. However, some costs reduce liquidity and the likelihood of risk
diversification. Although dispersed ownership carries more liquidity, it may not provide the
appropriate incentive to encourage the long-term