This paper analyzes corporate governance systems in five Latin American countries: Argentina, Brazil, Chile, Colombia and Venezuela. We account for the broader institutional environment in explaining changes over time as well as existing corporate governance systems. We use a stakeholder...

In this article, we develop a theoretical model to identify and explain the diversity of corporate governance across advanced capitalist economies. Our sociological approach is inspired by quot;actor-centeredquot; institutionalism in stressing the interplay of institutions and firm-level actors....