Corporate Governance and Training

Abstract

This article uses the notion of national recipes of corporate governance to explore national differences in the provision, extent, range, cost and arrangements made for training by employers. Drawing on an extensive database, careful analysis shows that there are significant differences between the liberal market economies and others in their employer training provision and systems. The research also highlighted considerable differences in practice in coordinated market economies, most notably between the social democracies of the Nordic countries and the Rhineland continental economies. The data also shows evidence of the embeddedness of training systems in the society and the industrial relations systems in which they operate: there are a limited number of clusters of countries that retain distinctive features. These clusters broadly correspond to the five different models of capitalism identified by Amable (2003), with differences encountered being generally on the lines predicted by the latter.