Corporate-governance reform initiatives (e.g., 1995) had nearly no effect on the structure of finance capital or the structure of the elite.

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Corporate-governance reform initiatives, such as those in 1995, aimed at improving transparency, accountability, and fairness in the management and operations of corporations. These reforms often led to significant changes in the way companies are governed, impacting the structure of finance capital by promoting better practices in financial reporting, risk management, and shareholder rights. They also influenced the structure of the elite by holding top executives and board members to higher standards of conduct and responsibility, potentially altering the composition and behavior of corporate leadership.

Corporate-Governance Reform Initiatives (E