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Professors Bratton and McCahery take up the main questions addressed by the literature on comparative corporate governance: whether national governance systems can be expected to converge in the near fu ture, and whether the fo cal point of that convergence will be a new, hybrid governance system comprised of the best practices drawn fr om different sys tems. Th is Article advances the view that neither global convergence that eliminates sys temic di f ferences nor the emergence of a hybriddoi:10.2139/ssrn.205455 fatcat:6yzkhn5gyzcp3ohxqxkq2bwkla