Author: Publisher:
ISBN:
Category :
Languages : en
Pages : 23
Book Description
Corporate Governance, Competition and Performance
Author: Corporate Governance, Competition and Performance
Author: Colin P. MayerPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 30
Book Description
Corporate Governance Competition and Performance
Author: Mayer ColinPublisher:
ISBN:
Category : Competition
Languages : en
Pages : 23
Book Description
Corporate Governance and Firm Performance
Author: Mark HirscheyPublisher: Emerald Group Publishing
ISBN: 1848555377
Category : Business & Economics
Languages : en
Pages : 268
Book Description
Focuses on corporate governance, broadly defined as the system of controls that helps corporations and other organizations effectively manage, administer, and direct economic resources. This book focuses on: the impact of deregulation and corporate structure on productive efficiency; and the effectiveness of the fraud triangle and SAS.
Corporate Governance
Author: Xavier VivesPublisher: Cambridge University Press
ISBN: 9780521781640
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Corporate governance is an active area of research and public debate. The recent generalization of "shareholder value" ideas and institutional investment, the establishment of codes of best practice for boards of directors, and the controversy about whether market oriented or bank/relations oriented systems are better for economic performance provide cogent examples. The volume takes stock of the most recent research in the topic, criticizes the standard agency view, and presents new ideas and analysis about the role of competition, the political economy of corporate governance, and the effects of different systems on growth and performance.
Research in Corporate and Shari'ah Governance in the Muslim World
Author: Toseef AzidPublisher: Emerald Group Publishing
ISBN: 1789730090
Category : Business & Economics
Languages : en
Pages : 407
Book Description
Research in Corporate and Shari'ah Governance in the Muslim World: Theory and Practice aims to address a critical disciplinary gap between Islamic theory and the practice of the corporate sector in the Muslim World. Adopting a critical approach, the book sheds light on the impact of corporate governance on the economies of the Muslim world.
Competitiveness and Corporate Governance
Author: Andrea WestallPublisher: Institute for Public Policy Research
ISBN: 9781860300394
Category : Business & Economics
Languages : en
Pages : 100
Book Description
Comprises 12 papers on the competitiveness aspects of corporate governance and the implications for long-term profitability and productivity. Considers the interests of different stakeholders (shareholders, employees, customers, the community, suppliers and financiers) and examines the effects of supplier relationships and workers involvement on corporate performance.
Corporate Governance, Financial Markets and Global Convergence
Author: Morten BallingPublisher: Springer Science & Business Media
ISBN: 1475726333
Category : Business & Economics
Languages : en
Pages : 358
Book Description
for many years been heavily dependent on bank financing, and this situation has not changed fundamentally. In his paper on stock exchange governance in the European Union Guido Ferrarini discusses the relative merits of member and investor ownership and compares stock exchange regulation in a number of EU countries. Faced with increasing competition amongst themselves and against other enterprises that offer transaction services, such as proprietary trading systems, it is essential for European stock exchanges to improve their efficiency and to generate volume. Large investments in new information technology are necessary in order to preserve competitiveness in agIobaI financial market. The implementation of the ISD has accelerated cross-border transaction activity of member firms and investors and strengthened the pressure for convergence of national stock exchange laws in the EU. In their paper, Francesco Giavazzi and Marco Battaglini look at the role played by banks in privatization processes. Banks can be involved in such processes in several ways. They may themselves be the objects of privatization since in many countries a significant fraction of the banking industry is publicly owned. This is the case in France, Spain and Italy. But banks can also be important buyers of the equity of industrial firms sold by the government if they are allowed to do so. The authors characterize privatizations as a very good opportunity to set up the right environment for the development of new financial intermediaries and in general for asound corporate governance system.
Comparative Corporate Governance
Author: Klaus J. HoptPublisher: Oxford University Press
ISBN: 9780198268888
Category : Business & Economics
Languages : en
Pages : 1304
Book Description
"This book goes back to a symposium held at the Max Planck Institute for Foreign Private and Private International Law in Hamburg on May 15-17 1997"--P. [v].
Governing the Modern Corporation
Author: Roy C. SmithPublisher: Oxford University Press
ISBN: 0199924015
Category : Business & Economics
Languages : en
Pages : 530
Book Description
Nearly seventy years after the last great stock market bubble and crash, another bubble emerged and burst, despite a thick layer of regulation designed since the 1930s to prevent such things. This time the bubble was enormous, reflecting nearly twenty years of double-digit stock market growth, and its bursting had painful consequence. The search for culprits soon began, and many were discovered, including not only a number of overreaching corporations, but also their auditors, investment bankers, lawyers and indeed, their investors. In Governing the Modern Corporation, Smith and Walter analyze the structure of market capitalism to see what went wrong. They begin by examining the developments that have made modern financial markets--now capitalized globally at about $70 trillion--so enormous, so volatile and such a source of wealth (and temptation) for all players. Then they report on the evolving role and function of the business corporation, the duties of its officers and directors and the power of its Chief Executive Officer who seeks to manage the company to achieve as favorable a stock price as possible. They next turn to the investing market itself, which comprises mainly financial institutions that own about two-thirds of all American stocks and trade about 90% of these stocks. These investors are well informed, highly trained professionals capable of making intelligent investment decisions on behalf of their clients, yet the best and brightest ultimately succumbed to the bubble and failed to carry out an appropriate governance role. In what follows, the roles and business practices of the principal financial intermediaries--notably auditors and bankers--are examined in detail. All, corporations, investors and intermediaries, are found to have been infected by deep-seated conflicts of interest, which add significant agency costs to the free-market system. The imperfect, politicized role of the regulators is also explored, with disappointing results. The entire system is seen to have been compromised by a variety of bacteria that crept in, little by little, over the years and were virtually invisible during the bubble years. These issues are now being addressed, in part by new regulation, in part by prosecutions and class action lawsuits, and in part by market forces responding to revelations of misconduct. But the authors note that all of the market's professional players--executives, investors, experts and intermediaries themselves--carry fiduciary obligations to the shareholders, clients, and investors whom they represent. More has to be done to find ways for these fiduciaries to be held accountable for the correct discharge of their duties.