Parmindar Singh2026-06-08June 30, 2https://cam-ed-oar.com/handle/cam-ed-oar/610The Cadbury Committee (1992, cited in Mintz, 2005, p. 584) defines corporate governance as the system by which companies are directed and controlled. Countries and companies alike have real-ized that corporate governance has become center stage. The prominent driver of change to cor-porate governance codes has been due to corporate collapse (United Nations, cited, 1999, cited in Davies, 2008, p. 533). In addition, the growing number of institutional ownership and the internation-alization of capital markets (Elsayed, 2007) have made corporate governance to become very criti-cal. Many countries have adopted corporate governance practices and while there are similarities in their approaches, there are also differences. This article provides a conceptual analysis of their simi-larities and differences. This article serves to enlighten undergraduate students studying corporate governance, students of ACCA studying the Strategic Business Leader subject, post-graduate stu-dents and practitioners on the foundations of convergence and divergence of corporate governance. The next section of this article will provide the reasons why there are similarities in countries’ corpo-rate governance. This is followed by reasons, that despite some similarities, there are also factors that results in differences in corporate governance. The last section wraps up with a conclusion of the article.https://creativecommons.org/licenses/by/4.0Peer-reviewed Article