Matos, Pedro VergaFaustino, Horácio C.2025-04-082025-04-082012Matos, Pedro Verga and Horácio C. Faustino .(2012). “Beta-convergence and sigma-convergence in corporate governance in Europe”. Economic Modelling, Volume 29: pp. 2198–2204.0264-9993http://hdl.handle.net/10400.5/100058This paper tests for beta-convergence and sigma-convergence in the corporate governance models, using a sample of corporate governance ratings for 198 European corporations listed on the FTSE Eurofirst 300 index. A piecewise linear regression is deployed to select a model and the Poisson pseudo-maximum likelihood estimator is also applied to estimate an exponential model. It concludes that there is statistical evidence of beta- and sigma-convergence within countries and the results suggest that institutional differences between countries are statistically relevant.engCorporate GovernanceBeta-ConvergenceSigma-ConvergenceRatingsjournal articledoi:10.1016/j.econmod.2012.07.004