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Corporation is a unique, complex and amongst the most influential social institutions that has ever existed in human history. Actions taken by corporations impact the societal ecosystem that they operate in. Beginning 1950, with Howard Bowen's call for corporate social responsibility, ethicists...
Persistent link: https://www.econbiz.de/10012917013
Today's emerging business landscapes have triggered a continuous change in the operating paradigms of firm governance, and consequently IT governance. However, firm level behaviors are increasingly following a set pattern. This is precisely because of path dependent mechanisms that have embedded...
Persistent link: https://www.econbiz.de/10012773626
Modern day business is beset with changing operating paradigms. Economies with efficient economic policies and stable political systems are a big draw among the investors. Countries that have opened themselves to world markets and that have good legal systems in place, providing protection to...
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The paper traces various arguments and theories contributed by economists and finance researchers, to the understanding of corporate governance. It starts with an explanation of the property rights theory, which is considered the forerunner of today's corporate governance arguments and finally...
Persistent link: https://www.econbiz.de/10012751973
Corporate governance as it is understood today in the Indian context is the culmination of the liberalization process. Despite the implementation of certain corporate governance norms, Indian industry is found to be defaulting on compliance. While there certainly are flaws in government's...
Persistent link: https://www.econbiz.de/10012777496
Traditional corporate governance scholarship excessively focused on the after-effects of separation of ownership from control. While American corporations were characterized by diffusely held ownership structures, most continental and Asian countries were marked by the concentrated ownership...
Persistent link: https://www.econbiz.de/10012777517
This paper attempts to review literature on corporate governance on the ownership structure from a firm performance perspective. The dominant paradigm of corporate governance is based on the argument of Berle and Means (1932) that separation of ownership and control affects the reported level of...
Persistent link: https://www.econbiz.de/10012777518