cost control and corporate governance. The model discusses why it is important to uphold the shareholders' interests and …This study is an attempt to develop a conceptual decision dynamics model in order to analyze the relationship between … requires protecting the interests of all stakeholders, cost control by that organization should be well guided by the corporate …

model and its implications for regulation, notably corporate governance. In particular, the paper suggests that a tension …

ownership and control by protecting minority shareholders from expropriation. This paper takes a broader perspective on the … economic and legal determinants of corporate governance. It shows that legal entitlements to corporate control and their … exchange on the market are as important as investor protection. This is based on a third category of ‘idiosyncratic' private …

The separation of ownership and control has always been central in corporate governance debates. A large body of … literature has sought to show that control-enhancing arrangements can deter investors. However, the experience of the last few … the most effective ownership and control structures. Ownership is firm-specific and varies across life cycle stages …

selection where the principal seeks truthful disclosure of private information held by the agent. This model of corporate …