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A New Discourse Theory of the Firm After Citizens United

Siebecker, Michael R. - 2010

Could a new “discourse theory” of the firm provide a better way than existing corporate law principles to understand … accurate theory of the corporation capable of accommodating such a change. But why is a new discourse theory necessary to …. Not only does a new discourse theory of the firm accurately attend to the evolving nature of the corporation, but it …

Persistent link: https://www.econbiz.de/10014188578

Corporate Controls in the Digital Era

Kyriazoglou, John - 2014

This document describes the current business operating environment, identifies the socio-economic reasons that make corporate controls mandatory for the current organizations (private, public, etc.) all over the world, and a methodology for designing corporate strategic and operational control...

Persistent link: https://www.econbiz.de/10014170952

Privatization Revisited : The Effects of Foreign and Domestic Owners on Corporate Performance

Lízal, Lubomír; Švejnar, Jan - 2002

Privatization is often viewed as a necessary condition for improved corporate performance. We use a 1992-98 panel of the population of Czech industrial firms to assess the effect of mass privatization on corporate performance. Using numerous performance indicators, we find that foreign owners...

Persistent link: https://www.econbiz.de/10014032923

The Creativity-Centric Model of the Organization

Gudkov, Aleksei - 2022

– lighten the cooperation among creative stakeholders through trust and fairness. · Personal goals and Vision of the …

Persistent link: https://www.econbiz.de/10014035483

Stewardship Activities and Agency Problems after Japanese Corporate Governance Reform

Omura, Hiroyasu - 2020

cost. In this report, stewardship activities are focused based upon the idea that agency theory, newly introduced as … principal cost theory, could support a conceptual framework of governance reform and analyzed that as an important function for …

Persistent link: https://www.econbiz.de/10014361849

Scope, Scale and Concentration : The 21st Century Firm

Hoberg, Gerard; Phillips, Gordon M. - National Bureau of Economic Research - 2022

We provide evidence that over the past 30 years, U.S. firms have expanded their scope of operations. Increases in scope and scale were achieved largely without increasing traditional operating segments. Scope expansion significantly increases valuation and is primarily realized through...

Persistent link: https://www.econbiz.de/10013462720

CEO Power and Luck : Impact of Stock Markets on Building Powerful CEOs

Al-Sabah, Turk - 2020

The optimal view of managerial power theory suggests that corporate boards reward CEOs with power for good firm … performance as the boards' assessment of their ability is higher. In evaluating the CEO's quality, economic theory predicts that …

Persistent link: https://www.econbiz.de/10012825431

The Effect of Diversification on Performance Revisited : Diversification Discount, Premium, or Both?

Santaló, Juan - 2008

In this paper we argue conceptually and show empirically that the effect of diversification on performance is not homogeneous across industries, as previously assumed in the literature on diversification in strategy and finance. Some industries may be more friendly environments for diversified...

Persistent link: https://www.econbiz.de/10012773332

The Governance and Disclosure of the Firm as an Enterprise Entity

Biondi, Yuri - 2013

Financial crises and scandals have focused attention on received systems of corporate governance and disclosure in a way many may never have imagined and few welcomed. Not only do reforms deems to be necessary to protect stakeholders, including shareholders, but also a different understanding of...

Persistent link: https://www.econbiz.de/10014160025

Optimal Dissent in Organizations

Landier, Augustin; Sraer, David Alexandre; Thesmar, David - 2013

This paper is a theoretical exploration on the costs and benefits of passive resistance in the chain of command. In our model, the organization consists of two employees: an informed decision maker (she) in charge of selecting a project, and an uninformed implementer (he) in charge of its...

Persistent link: https://www.econbiz.de/10014027424