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  • 1 Institute of Management, Department of Management and Organisation, Corvinus University of Budapest Budapest, Hungary
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The article introduces the different interpretations of corporate governance, and presents its developments in Central and Eastern Europe. After analysing historical backgrounds, the author discusses the socialist era's corporate governance methods. Regarding transition to market economy, new processes of the region are presented, outlining the influence of different Western models. Finally a chapter on Hungarian corporate governance analyses the legal and practical developments in the country from the roots to date.