I will pay for the following essay Corporate Governance in Gulf Countries:Three emprical analysis (PhD). The essay is to be 10 pages with three to five sources, with in-text citations and a reference

I will pay for the following essay Corporate Governance in Gulf Countries:Three emprical analysis (PhD). The essay is to be 10 pages with three to five sources, with in-text citations and a reference page.

Examples of such countries are the US, the UK, Australia and Canada. Since compensation is tied with profitability in the US the companies often cut on their labour to sustain profitability. Thus, employees do not trust the top management in such countries. In Germany and Japan, job security of employees is a prime corporate objective since the stakeholders are provided a lot of importance. A co-determination governance system is used in Germany by the top management to ensure internalisation of employee welfare. The article highlight certain ‘mutually reinforcing institutional elements’ namely accountability, transparency, board of directors, disclosure, legal systems, personnel turnover, stock in the capital market, unionisation, personnel turnover, the separation of the CEO and the chair, hostile takeovers and labour market flexibility. The authors state that corporate governance can be explained by two models namely outsider or shareholder centred view and insider or stakeholder centred view. Transactional interaction is seen in the outsider model and this model emphasises on the ability of the capital and the labour market to allocate resources effectively. This model stresses on external control systems. In the insider model, interactions are based on informal and formal rules. The corporate governance models that help in classifying countries are the Anglo Saxon model, German model, Scandinavian model and French model. The Anglo Saxon countries have a shareholder centred model of corporate governance while German and Austrian companies have a stakeholder orientation. The author states that employees are the most important stakeholder. The companies belonging to different countries have different approaches to corporate governance although they face the same kind of problems (Garcia, 2008). Corporate Governance in the Anglo Saxon Countries A study on changing corporate governance practices in Europe has been made in a research paper named “European Corporate Governance: A Changing Landscape?” by Carriere (2002). The investment and corporate community of Europe consider the UK capital market to be ideal. The regulations in relation to the securities market in UK are similar to the rest of Europe. Insider trading violations are criminal offense and not civil offense in UK and the rest of Europe. UK corporate officers do not have to face any loss of money or bear any risk due to breach of their fiduciary duty. Tax laws pertaining to capital gains and corporate compensation are similar in continental Europe and UK. Similarity also exists in terms of government law enforcement. In the US, the Securities and Exchange Commission (SEC) look after the activities of the exchanges. In contrast, the exchanges are themselves responsible for their activities. The Financial Services Agency (FSA) established in 2001 was entrusted with keeping a watch on the exchanges. The rules enforced by the EU contribute to various changes in corporate governance in Europe.