Business & Economics

The Mechanisms of Governance

The Mechanisms of Governance

Author: Oliver E. Williamson

Publisher: Oxford University Press, USA

ISBN: 9780195132601

Category: Business & Economics

Page: 442

View: 488

This text studies transaction cost economics, influential in economic thought on how institutions work. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes it in organizational terms, as a governance structure.
Corporate governance

Corporate Governance Mechanisms and Firm Performance

Corporate Governance Mechanisms and Firm Performance

Author: Shveta Singh

Publisher: Springer Nature

ISBN: 9789811924606

Category: Corporate governance

Page: 204

View: 159

This book begins by analysing the various corporate governance mechanisms explored in the extant literature and determining their effectiveness in enhancing the firm value using multivariate analysis. The findings are of global relevance as the corporate governance regulations of most countries focus on independent directors as the mainstay of good governance. The empirical evidence from the first objective of this study corroborates the claim that independent directors do not strengthen the firms governance quality. The book is one of the few works to have analysed the possible reasons behind the ineffectiveness of the independent directors. Also, in view of the famous concept of the bundle of governance mechanisms, it might be possible that the independent directors strengthen the firms governance quality indirectly by strengthening other governance mechanisms. This aspect too has little precedence. This study adopts a novel moderation and mediation approach to analyse the monitoring behaviour of independent directors in relation to other governance mechanisms. The work is a must read for corporate players as well as researchers and scholars studying this discipline.
Corporate governance

Corporate Governance

Corporate Governance

Author: Steen Thomsen

Publisher:

ISBN: 0077132599

Category: Corporate governance

Page: 367

View: 893

This exciting new text provides a complete introduction to Corporate Governance. It deals with the control and direction of companies by boards, owners and company law, and also looks at the mechanisms of governance and thedifferent governance systems around the world. Part 1: is a non-technical overview of the relevant theories, governance mechanisms and the country models. Part 2: looks at some of the most important governance mechanisms in detail. Part 3: studies individual international corporate governance systems. Part 4: wraps up with a discussion on governance practices.
Business & Economics

Governance Structures and Mechanisms in Public Service Organizations

Governance Structures and Mechanisms in Public Service Organizations

Author: Andrea Calabrò

Publisher: Springer Science & Business Media

ISBN: 3790827509

Category: Business & Economics

Page: 134

View: 128

This book addresses the nexus of issues exploring governance structures and mechanisms in public service organizations, thus contributing to the development of disciplines that focus on public management. It goes beyond the state of the art by addressing a number of specific issues in a more systematic fashion. The book’s interdisciplinary focus is a particularly valuable asset, as its topic is situated at the crossroads of a number of fields, including public management, business administration, corporate governance, policy studies, political science, sociology, and third sector studies, all of which offer important perspectives and are important for the development of public management and public services. The book covers more than Italy and Norway and focuses specifically on public service organizations, addressing more aspects of their governance structures and mechanisms than any other book available today. The unique presentation of features related to the governance and management of different actors (state-owned enterprises, local public utilities, ministries, municipalities, citizens, etc.), involved at different levels in the production and provision of public services, makes it possible to compare and contrast these different perspectives and opens new avenues of theoretical collaboration and development.
Business & Economics

Corporate Governance 1e

Corporate Governance 1e

Author: Steen Thomsen

Publisher: McGraw Hill

ISBN: 9780077145514

Category: Business & Economics

Page: 393

View: 483

This exciting new text provides a complete introduction to Corporate Governance. It deals with the control and direction of companies by boards, owners and company law, and also looks at the mechanisms of governance and the different governance systems around the world. Part 1: is a non-technical overview of the relevant theories, governance mechanisms and the country models.Part 2: looks at some of the most important governance mechanisms in detail.Part 3: studies individual international corporate governance systems.Part 4: wraps up with a discussion on governance practices.

Network Enterprises

Network Enterprises

Author: Gianfranco Dioguardi

Publisher: Springer Science & Business Media

ISBN: 9781441913777

Category:

Page: 134

View: 924

Building on the historical analysis of organizations and theories that have influenced their development, Gianfranco Dioguardi provides an insightful exploration of the network enterprise and its evolution from the Medieval guilds to the present innovation clusters of Silicon Valley, the Research Triangle, Route 128, and other regions in the U.S and around the world. Providing in-depth analysis of production systems and the evolution of "lean manufacturing" principles, Dioguardi integrates history, sociology, management theory, and economics to explore the dynamics of organizations that operate as networks and interact with other firms along the supply chain and in complementary industries. In a technology-enabled environment, the boundaries between products and services and across enterprises become blurred--and create the context for entrepreneurship, innovation, and dissemination of knowledge. Several chapters are devoted to practical concerns of managing the network enterprise, with a particular interest in the ethical and cultural issues. Dioguardi concludes with discussion of the role of the network enterprise in new firm creation and economic growth.
Business & Economics

The Interaction of Contract, Control, and Relational Norms as Governance Mechanisms in IS Outsourcing Relationships

The Interaction of Contract, Control, and Relational Norms as Governance Mechanisms in IS Outsourcing Relationships

Author: Daniel Kuhlmann

Publisher: Diplomarbeiten Agentur

ISBN: 9783842828612

Category: Business & Economics

Page: 133

View: 778

Inhaltsangabe:Abstract: The dynamics of the relationship between service recipient and service provider in IS outsourcing relationships recently gained increased attention as relationships are believed to have a considerable influence on IS outsourcing success. This thesis adds to this growing field of interest by developing an IS outsourcing relationship framework in the form of a process model. Three rather disjointed areas of research, namely contractual governance, relational norms, and control, have been set in a common context by interrelating them as the three main governance modes that jointly influence the relationship. One in-depth case study has been conducted in order to provide first empirical evidence and to gain deeper insights into the dynamics of relationship governance. The proposed model could be confirmed in general, revealing the following insights: first, contractual and relational governance modes determine the rules that govern the relationship while control is used to execute and enforce specified rules. All three jointly influence the state of the relationship. Second, relational norms have only been observed at an individual level and not at an organizational one. Third, formal control modes have been used to execute and enforce relational norms. This finding contradicts current control theory. Fourth, while contractual and relational governance are seen as complementary and equally important, relational norms have been left completely unmanaged in the observed organization due to a lack of adequate approaches. These results are discussed in detail to outline opportunities for further research. Inhaltsverzeichnis:Table of Contents: List of Figuresv List of Tablesvi List of Abbreviationsvii List of Keywordsviii Abstractx 1.Introduction1 1.1Motivation and Objectives1 1.2Structure of the Thesis2 2.Theoretical Foundations3 2.1IS Outsourcing3 2.2IS Outsourcing Relationships5 2.2.1IS Outsourcing Relationships as Inter-Organizational Exchanges5 2.2.2Underlying Challenges of IS Outsourcing Relationships12 2.2.3IS Outsourcing Relationship Governance Modes18 2.2.3.1Contractual Governance21 2.2.3.2Relational Governance25 2.3Control29 2.4IS Outsourcing Success38 3.Research Model and Propositions39 3.1Research Approach39 3.2Research Model42 3.2.1Research Questions, Objectives, and Approaches42 3.2.2Towards an IS Outsourcing Relationship Framework43 3.2.3Description of the Research Model47 3.2.4Summary of [...]

Corporate Governance. 3, Governance Mechanisms

Corporate Governance. 3, Governance Mechanisms

Author: Kevin Keasey

Publisher:

ISBN: 1858988713

Category:

Page: 0

View: 326

Business & Economics

Toward a Comparative Institutional Analysis

Toward a Comparative Institutional Analysis

Author: Masahiko Aoki

Publisher: MIT Press

ISBN: 0262011875

Category: Business & Economics

Page: 498

View: 336

A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.
Business & Economics

Corporate Governance

Corporate Governance

Author: H. Kent Baker

Publisher: John Wiley & Sons

ISBN: 0470877952

Category: Business & Economics

Page: 690

View: 619

A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.
Business planning

Corporate Governance: Governance mechanisms. pt. 2

Corporate Governance: Governance mechanisms. pt. 2

Author: Kevin Keasey

Publisher:

ISBN: 1858988713

Category: Business planning

Page: 672

View: 110

Corporate governance

Corporate Governance and Financial Reporting: Mechanisms of governance relevant to financial reporting

Corporate Governance and Financial Reporting: Mechanisms of governance relevant to financial reporting

Author: Niamh Brennan

Publisher:

ISBN: UCSD:31822035537224

Category: Corporate governance

Page: 446

View: 757