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Compare and contrast the Anglo-American model of corporate Governance with that prevailing in Germany and Japan.  

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"COMPARE AND CONTRAST THE ANGLO-AMERICAN MODEL OF CORPORATE GOVERNANCE WITH THAT PREVAILING IN GERMANY AND JAPAN." Word count-1332. INTRODUCTION Corporate governance has various definitions. Firstly, corporate governance is concerned with ways of bringing the interests of investors and managers into line and ensuring that firms are run from the benefit of investors. (Mayer, 1997, p. 154). Corporate governance is concerned with the relationship between the internal governance mechanism of corporation and the society's conception of the scope of corporate accountability. (Deakin and Hughes, 1997, p. 2). And also, corporate governance includes the structures, processes, cultures and systems that engender the successful operation of the organisations. (Keasey and Wright, 1993[in Keasey et al (1997, p. 2]). Looking at these various definitions, it maybe stated more generally that different systems of corporate governance would embody what are considered to be legitimate lines of accountability by defining the nature of the relationship between the company...

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