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Books > Business & Economics > Business & management > Management of specific areas > General

Big Data in Organizations and the Role of Human Resource Management - A Complex Systems Theory-Based Conceptualization... Big Data in Organizations and the Role of Human Resource Management - A Complex Systems Theory-Based Conceptualization (Hardcover, New edition)
Tobias M Scholz
R1,465 Discovery Miles 14 650 Ships in 10 - 15 working days

Big data are changing the way we work as companies face an increasing amount of data. Rather than replacing a human workforce or making decisions obsolete, big data are going to pose an immense innovating force to those employees capable of utilizing them. This book intends to first convey a theoretical understanding of big data. It then tackles the phenomenon of big data from the perspectives of varied organizational theories in order to highlight socio-technological interaction. Big data are bound to transform organizations which calls for a transformation of the human resource department. The HR department's new role then enables organizations to utilize big data for their purpose. Employees, while remaining an organization's major competitive advantage, have found a powerful ally in big data.

Knowledge Networks and Tourism (Paperback): Michelle McLeod, Roger Vaughan Knowledge Networks and Tourism (Paperback)
Michelle McLeod, Roger Vaughan
R1,546 Discovery Miles 15 460 Ships in 10 - 15 working days

The receipt of knowledge is a key ingredient by which the tourism sector can adjust and adapt to its dynamic environment. However although its importance has long been recognised the fragmentation within the sector, largely as a result of it being comprised of small and medium sized businesses, makes understanding knowledge management challenging. This book applies knowledge management and social network theories to the business of tourism to shed light on successful operations of tourism knowledge networks. It contributes specifically to understanding a network perspective of the tourism sector, the information needs of tourism businesses, social network dynamics of tourism business operation, knowledge flows within the tourism sector and the transformation of the tourism sector through knowledge networks. Social Network Analysis is applied to fully explore the growth and maintenance of tourism knowledge networks and the relationships between tourism sector stakeholders in relation to their knowledge requirements. Knowledge Networks and Tourism will be valuable reading for all those interested in successful operations of tourism knowledge networks.

Due Diligence - The Critical Stage in Mergers and Acquisitions (Paperback): Peter Howson Due Diligence - The Critical Stage in Mergers and Acquisitions (Paperback)
Peter Howson
R1,392 Discovery Miles 13 920 Ships in 10 - 15 working days

How can you be sure you are buying the company you think you are? Are you sure it is as good as the seller says? How can you be certain unexpected costs and obligations will not suddenly appear once you are the owner and responsible for them? How best can you arm yourself for the negotiations? Have you worked out precisely what you are going to do with it once it is yours? How do you set the priorities for change to recoup the premium you have paid for it? The answer to all these questions, and many more, lies with effective due diligence. Due diligence is one of the most important but least well understood aspects of the acquisition process. It is not, as many believe, a chore to be left to the accountants and lawyers. To get the best from it, due diligence has to be properly planned and professionally managed. This book is a comprehensive manual on getting due diligence right. It is a uniquely comprehensive guide, covering all aspects of the process from financial, legal and commercial due diligence right through to environmental and intellectual property due diligence. There are also useful chapters on working with advisers and managing due diligence projects. It also includes a number of checklists to help ensure that the right questions are asked.

Debugging - The 9 Indispensable Rules for Finding Even the Most Elusive Software and Hardware Problems (Paperback, Special... Debugging - The 9 Indispensable Rules for Finding Even the Most Elusive Software and Hardware Problems (Paperback, Special ed.)
David J. Agans
R523 Discovery Miles 5 230 Ships in 18 - 22 working days

When the pressure is on to resolve an elusive software or hardware glitch, what's needed is a cool head courtesy of a set of rules guaranteed to work on any system, in any circumstance. Written in a frank but engaging style, this book provides simple, foolproof principles guaranteed to help find any bug quickly. Recognized tech expert and author David Agans changes the way you think about debugging, making those pesky problems suddenly much easier to find and fix. Agans identifies nine simple, practical rules that are applicable to any software application or hardware system, which can help detect any bug, no matter how tricky or obscure. Illustrating the rules with real-life bug-detection war stories, Debugging shows you how to: Understand the system: how perceiving the ""roadmap"" can hasten your journey Quit thinking and look: when hands-on investigation can't be avoided Isolate critical factors: why changing one element at a time can be an essential tool Keep an audit trail: how keeping a record of the debugging process can win the day Whether the system or program you're working on has been designed wrong, built wrong, or used wrong, Debugging helps you think correctly about bugs, so the problems virtually reveal themselves.

Disqualification of Company Directors - A Comparative Analysis of the Law in the UK, Australia, South Africa, the US and... Disqualification of Company Directors - A Comparative Analysis of the Law in the UK, Australia, South Africa, the US and Germany (Hardcover)
Jean Jacques du Plessis, Jeanne Nel De Koker
R4,500 Discovery Miles 45 000 Ships in 10 - 15 working days

This book provides a clear overview of the legal rules relating to directors' disqualification in Australia, Germany, South Africa, the UK and the US, and to highlight the differences in the disqualification regimes of these jurisdictions. The book seeks to determine whether disqualification on application should be developed further as a corporate law and corporate governance tool to ensure that individuals who have a proven record of posing a particular risk to the business community, shareholders and creditors, are indeed disqualified from being directors. The book is unique as it provides a single source where the disqualification regimes of all these jurisdictions are explored and compared. The book will appeal to scholars of corporate law, regulators and policy-makers. The book will also be of particular interest to senior managers and directors to determine precisely what the laws regarding disqualification of company directors are, and what type of behaviour might expose them to potential disqualification.

Governance and Control of Financial Systems - A Resilience Engineering Perspective (Paperback): Erik Hollnagel, Gunilla... Governance and Control of Financial Systems - A Resilience Engineering Perspective (Paperback)
Erik Hollnagel, Gunilla Sundstroem
R1,779 Discovery Miles 17 790 Ships in 10 - 15 working days

The recent financial crisis has made it paramount for the financial services industry to find new perspectives to look at their industry and, most importantly, to gain a better understanding of how the global financial system can be made less vulnerable and more resilient. The primary objective of this book is to illustrate how the safety science of Resilience Engineering can help to gain a better understanding of what the financial services system is and how to improve governance and control of financial services systems by leveraging some of its key concepts. Resilience is the intrinsic ability of a system to adjust its functioning prior to, during, or following changes and disturbances, so that it can sustain required operations under both expected and unexpected conditions. This definition is focused on the ability to function, rather than just to be impervious to failure, and thereby bridges the traditional conflict between productivity and safety. The core concept of the book is that the behaviour of the financial services system is the result of the tight couplings among the humans, organizations and technologies that are necessary to provide complex financial functions such as the transfer of economic resources. It is a consequence of this perspective that the risks associated with these systems cannot be understood without considering the nature of these tight couplings. Adopting this perspective, the book is designed to provide some answers to the following key questions about the financial crisis: - What actually happened? - Why and how did it happen? - Could something similar happen again? How can we see that in time and how can we control it? - How can sustainable recovery of the global financial system be established? How can its resilience be improved?

Regulating from the Inside - Can Environmental Management Systems Achieve Policy Goals (Hardcover): Cary Coglianese Regulating from the Inside - Can Environmental Management Systems Achieve Policy Goals (Hardcover)
Cary Coglianese
R2,795 Discovery Miles 27 950 Ships in 10 - 15 working days

Environmental Management Systems (EMSs) offer an approach to regulatory policy that lies somewhere between free-market and traditional command-and-control methods. Worldwide, hundreds of thousands of private firms have adopted or are considering adopting these internally managed systems for improving environmental performance. In the United States, the Environmental Protection Agency has established a special recognition for firms that adopt EMSs. Already, numerous state agencies have proposed or adopted 'green-tier systems' that allow firms with EMSs to be exempted from otherwise applicable requirements. Yet while private- and public-sector interest in EMSs is booming, limited empirical evidence is available about the efficacy of EMSs. To close the gap between advocacy and analysis, Regulating from the Inside brings together cutting-edge work of leading scholars, providing the most comprehensive analysis to date of environmental management systems. Intended to frame the future policy and the research agenda about EMSs, the discussions are organized around two critical questions: How have EMSs worked in firms that have already adopted them? What potential and limitations do they have as policy tools in the future? Addressing the arguments of both advocates and skeptics, the chapters examine why firms adopt EMSs; how firms implement EMSs; how EMSs answer concerns about fairness, corporate social responsibility, and sustainability; and what kind of impact EMSs may have on the global economy.

Corporate Finance and Governance in Stakeholder Society - Beyond shareholder capitalism (Paperback): Shinichi Hirota Corporate Finance and Governance in Stakeholder Society - Beyond shareholder capitalism (Paperback)
Shinichi Hirota
R1,503 Discovery Miles 15 030 Ships in 10 - 15 working days

This book develops a new framework - the stakeholder model - that helps to understand corporate finance and governance in modern society, where the sources of people's happiness have shifted from monetary to non-monetary factors. The book takes a more comprehensive approach than is typically found in the standard economics and finance literature, by explicitly incorporating both the monetary and non-monetary interests of stakeholders and by examining the value creation of corporations from a much broader perspective. Specifically, the book addresses contemporary issues concerning corporate finance and governance worldwide, including: How should we define corporate value in stakeholder society? What is the role of modern corporations? What are the principles underlying corporate financing decisions? To what extent should shareholder rights be enhanced? What determines the effectiveness of a company's board of directors? What missions do firms set out and what is the role of mission statements? How can we understand the diversity of financial and governance systems among different countries? What legal and institutional reforms enhance or diminish corporate value in stakeholder society? The book will answer these questions theoretically and empirically.

The Changing Pattern of Employment - Regional Specialisation and Industrial Localisation in Britain (Paperback): Michael... The Changing Pattern of Employment - Regional Specialisation and Industrial Localisation in Britain (Paperback)
Michael Chisholm, Jim Oeppen
R1,243 Discovery Miles 12 430 Ships in 10 - 15 working days

This title, first published in 1973, covers the period of 1959 to 1968. The study suggests that government policies had very little effect on the employment structures of the sub-regions at this time, despite government intervention and policy objectives in Great Britain to reduce levels of unemployment in the depressed regions and curb congestion in the Midland and South East England conurbations. Instead, regional employment structures seemed to be determined by what was happening to industries at a national level. This study will be of interest to economists, planners, regional scientists and geographers, as well as students in these fields.

Maritime Risk and Organizational Learning (Paperback): Michael Ekow Manuel Maritime Risk and Organizational Learning (Paperback)
Michael Ekow Manuel
R1,794 Discovery Miles 17 940 Ships in 10 - 15 working days

Bridging an identified gap between research and practice in the domain of risk and organizational learning with respect to human/organizational factors and organizational behaviour, this book highlights the common and recurring threads in contributory factors to accident causation. Based on an extensive research project, it investigates how shipping companies as organizations learn from, filter and give credence/acceptability to differing risk perceptions and how this influences the work culture with special regard to group/team dynamics and individual motivation. The work is presented in the context of the literature regarding conceptual links between risk and the theoretical and operational themes of organizational learning, and in light of interviewees' comments. The themes include processes and structures of knowledge acquisition, information interpretation and distribution, organizational memory and change/adaptation and also levels of learning. The book concludes by discussing some practical implications of the research carried out in various maritime contexts and gives recommendations for the industry and other stakeholders.

Information Technology Governance and Service Management - Frameworks and Adaptations (Hardcover): Aileen Cater-Steel Information Technology Governance and Service Management - Frameworks and Adaptations (Hardcover)
Aileen Cater-Steel
R5,032 Discovery Miles 50 320 Ships in 18 - 22 working days

Increasingly, information technology governance is being considered an integral part of corporate governance. There has been a rapid increase in awareness and adoption of IT governance as well as the desire to conform to national governance requirements to ensure that IT is aligned with the objectives of the organization. Information Technology Governance and Service Management: Frameworks and Adaptations provides an in-depth view into the critical contribution of IT service management to IT governance, and the strategic and tactical value provided by effective service management. A must-have resource for academics, students, and practitioners in fields affected by IT in organizations, this work gathers authoritative perspectives on the state of research on organizational challenges and benefits in current IT governance frameworks, adoption, and incorporation.

Fraud and Corruption in Public Services - A Guide to Risk and Prevention (Paperback): Peter Jones Fraud and Corruption in Public Services - A Guide to Risk and Prevention (Paperback)
Peter Jones
R1,666 Discovery Miles 16 660 Ships in 10 - 15 working days

Fraud, corruption and bribery in and around public services have become an increasing concern in recent years. The reported level of fraud and corruption affecting the public sector has remained unacceptably high despite numerous national and international initiatives intended to tackle these crimes and their consequences. Fraud and Corruption in Public Services is a definitive, practical guide to the diverse risks that arise in central and local government. There is guidance on civil and criminal law around fraud, bribery and corruption as well as the national and international governmental measures and initiatives for countering this form of criminality. Most importantly of all, the book offers advice, practical examples and strategies for preventing and combating fraud, bribery and corruption. The text is readable, well-informed and intensely practical; illustrated throughout with real-life examples from the author's 40 year career.

Theory Of Knowledge: Structures And Processes (Hardcover): Mark Burgin Theory Of Knowledge: Structures And Processes (Hardcover)
Mark Burgin
R8,522 Discovery Miles 85 220 Ships in 18 - 22 working days

This book aims to synthesize different directions in knowledge studies into a unified theory of knowledge and knowledge processes. It explicates important relations between knowledge and information. It provides the readers with understanding of the essence and structure of knowledge, explicating operations and process that are based on knowledge and vital for society.The book also highlights how the theory of knowledge paves the way for more advanced design and utilization of computers and networks.

Business Analytics: Progress On Applications In Asia Pacific (Hardcover): Jorge L.C Sanz Business Analytics: Progress On Applications In Asia Pacific (Hardcover)
Jorge L.C Sanz
R7,614 Discovery Miles 76 140 Ships in 18 - 22 working days

Technological advances in the last five years have allowed organizations to use Business Analytics to provide insights, increase understanding and it is hoped, gain the elusive 'competitive edge'. The rapid development of Business Analytics is impacting all enterprise competences profoundly and classical business professions are being redefined by a much deeper interplay between business and information systems.As computing capabilities for analysis has moved outside the IT glass-house and into the sphere of individual workers, they are no longer the exclusive domain of IT professionals but rather accessible to all employees. Complex open-source data analytics packages and client-level visualization tools deployed in desktops and laptops equip virtually any end-user with the instruments to carry out significant analytical tasks. All the while, the drive to improve 'customer experience' has heightened the demand for data involving customers, providers and entire ecosystems.In response to the proliferation of Business Analytics, a new Center and Masters of Science Program was introduced at the National University of Singapore (NUS). The Center collaborates with over 40 different external partner organizations in Asia-Pacific with which all MSBA students undertake individual projects. Business Analytics: Progress on Applications in Asia Pacific provides a useful picture of the maturity of the Business Analytics domain in Asia Pacific. For more information about the Business Analytics Center at NUS, visit the website at: msba.nus.edu/

Together with Technology - Writing Review, Enculturation, and Technological Mediation (Paperback): Jason Swarts Together with Technology - Writing Review, Enculturation, and Technological Mediation (Paperback)
Jason Swarts
R1,596 Discovery Miles 15 960 Ships in 10 - 15 working days

This book examines the complex roles that texts serve as parts of an organizational cognitive infrastructure. Texts make knowledge and experience tangible and durable. They help shape interactions between people. As professions have become more writing-centered in recent decades, many organizations have instituted writing review practices to help newcomers produce better writing and thus become more effective organizational citizens.Dr. Swarts examines those writing review practices and questions whether available supportive technologies adequately prepare professional writers and professionals who write to appreciate the complex functions their texts serve. He reports on a study of the impact of two technologies (paper text and textual replay) on writing review. Unlike paper, which presents texts in a static form, textual replay presents texts as the products of writing practices. Textual replay records onscreen writing activity and creates a video that writers and reviewers use to supplement their discussion of revisions.

Board Accountability in Corporate Governance (Paperback): Andrew Keay Board Accountability in Corporate Governance (Paperback)
Andrew Keay
R1,673 Discovery Miles 16 730 Ships in 10 - 15 working days

Within corporate governance the accountability of the board of directors is identified as a major issue by governments, international bodies, professional associations and academic literature. Boards are given significant power in companies, and as a consequence it is argued that they should be accountable for their actions. Drawing on political science, public administration, accounting, and ethics literature, this book examines the concept of accountability and its meaning in the corporate governance context. It examines the rationale for making boards accountable, and outlines the obstacles and drawbacks involved in providing for accountability. The book goes on to examine how current mechanisms for ensuring accountability are assessed in terms of fairness, justice, transparency, practicality, effectiveness and efficiency, before discussing the ways that accountability might be improved. Andrew Keay argues that enhanced accountability can provide better corporate governance, helping to reduce the frequency and severity of financial crises, and improve confidence in company practice. As an in depth study of a key element within the exercise of authority and management in corporate entities, this book will be of great use and interest to researchers and students of corporate governance, business and management, and corporate social responsibility.

New Work, Transformational and Virtual Leadership - Lessons from COVID-19 and Other Crises (Hardcover, 1st ed. 2021): Marc... New Work, Transformational and Virtual Leadership - Lessons from COVID-19 and Other Crises (Hardcover, 1st ed. 2021)
Marc Helmold
R2,375 Discovery Miles 23 750 Ships in 10 - 15 working days

The increasing globalization, the battle for talents, and global trends are changing the work patterns in organisations around the globe. Enterprises are working across country and cultural borders alongside complex supply and demand networks. Global incidents such as the financial crisis in 2008 and the recent COVID-19 pandemic have forced global organizations to find innovative ways to continue to connect globally and maintain a competitive advantage. Therefore, innovative enterprises have established global and virtual organisations including members of the value chain on supply and demand side. This book outlines these new work and leadership styles, and agile organisations, which are necessary to work virtually and globally. It provides case studies and experiences from different global organizations in different industries and sectors with a focus on value-adding processes and services.

Law, Corporate Governance and Partnerships at Work - A Study of Australian Regulatory Style and Business Practice (Paperback):... Law, Corporate Governance and Partnerships at Work - A Study of Australian Regulatory Style and Business Practice (Paperback)
Richard Mitchell, Anthony O'Donnell, Shelley Marshall, Ian Ramsay, Meredith Jones
R1,666 Discovery Miles 16 660 Ships in 10 - 15 working days

This book examines how businesses manage their labour systems, and particularly how they manage the complex interaction of factors which give rise to instances of 'partnership' style relations between businesses and their employees. The book draws from the literature concerning 'Varieties of Capitalism' (VoC) and the different institutional and regulatory designs inherent in different types of political economy. The book is informed by a new and extensive set of empirical data from Australia that examines the activities of national and multinational business corporations, their outlooks and relationships with stakeholders, and relates these to new and evolving theoretical frameworks based in political economy and law. The book places the Australian regulatory model within this international debate, and assesses the extent to which the system does or does not fit into the general categorisation created in the VoC literature.

Technology Business Management - The Four Value Conversations CIOs Must Have With Their Businesses (Hardcover): Todd Tucker Technology Business Management - The Four Value Conversations CIOs Must Have With Their Businesses (Hardcover)
Todd Tucker
R724 Discovery Miles 7 240 Ships in 10 - 15 working days
Knowledge Spillover-based Strategic Entrepreneurship (Hardcover): Joao J. Ferreira, Leo Paul Dana, Vanessa Ratten Knowledge Spillover-based Strategic Entrepreneurship (Hardcover)
Joao J. Ferreira, Leo Paul Dana, Vanessa Ratten
R4,935 Discovery Miles 49 350 Ships in 10 - 15 working days

This book is about the role of knowledge spillovers and strategic entrepreneurship in the management context. It focuses on how knowledge spillovers and strategic entrepreneurship are crucial to the process of creative destruction and construction. The book aims to provide insights into and discussion on how firms combine entrepreneurial action that creates new opportunities for industries, regions and economies. This book is first of its kind to link knowledge management perspectives to strategic entrepreneurship to understand the co-creation process. Being interdisciplinary in nature, this book appeals to entrepreneurship and knowledge management scholars, students and practitioners.

Property in Work - The Employment Relationship in the Anglo-American Firm (Paperback): Wanjiru Njoya Property in Work - The Employment Relationship in the Anglo-American Firm (Paperback)
Wanjiru Njoya
R1,665 Discovery Miles 16 650 Ships in 10 - 15 working days

The notion of property in work has deep historical roots in the common law tradition, but is yet to receive the attention it deserves. In this timely and thought-provoking book, Wanjiru Njoya contrasts ideas of ownership and property rights in English, American and European labour law, and considers their practical implications. The author's contention that shared ownership within a stakeholder theory of the firm allows better protection of both shareholders' and employees' interests in the large public corporation, puts employee-participation firmly back on the corporate governance agenda. The book offers a refreshing new perspective on how a more socially desirable balance between economic flexibility and job security may be achieved.

Pricing for Profitability: Activity-Based Pricing for Competitive Advantage (Hardcover): Jl Daly Pricing for Profitability: Activity-Based Pricing for Competitive Advantage (Hardcover)
Jl Daly
R3,107 Discovery Miles 31 070 Ships in 18 - 22 working days

Activity-based pricing: the new paradigm for maximum profitability

Pricing for Profitability introduces activity-based pricing, a new paradigm for improving profitability by reducing the occurrence of pricing mistakes and placing less emphasis on increasing revenue and more on improving profits. Activity-based pricing will help any company set prices that are attractive to buyers and profitable for the company. Pricing for Profitability teaches activity-based pricing to help you make better pricing decisions based on customer demand and a better understanding of what really causes profits. It will help you prevent underpricing and generate a healthier financial return.

Simply organized and nontechnical, this in-depth treatment covers the ten vital topics of activity-based pricing. A wealth of examples that illustrate the points made in the text include activity-based pricing models used in real industries. Designed for everyone involved with the pricing process, Pricing for Profitability provides a comprehensive understanding of how to use pricing to gain the competitive advantage.

Operations Management for Social Good - 2018 POMS International Conference in Rio (Hardcover, 1st ed. 2020): Adriana Leiras,... Operations Management for Social Good - 2018 POMS International Conference in Rio (Hardcover, 1st ed. 2020)
Adriana Leiras, Carlos Alberto Gonzalez-Calderon, Irineu De Brito Junior, Sebastian Villa, Hugo Tsugunobu Yoshida Yoshizaki
R7,897 Discovery Miles 78 970 Ships in 18 - 22 working days

This volume showcases the presentations and discussions delivered at the 2018 POMS International Conference in Rio. Through a collection of selected papers, it is possible to review the impact and application of operations management for social good, with contributions across a wide range of topics, including: humanitarian operations and crisis management, healthcare operations management, sustainable operations, artificial intelligence and data analytics in operations, product innovation and technology in operations management, marketing and operations management, service operations and servitization, logistics and supply chain management, resilience and risk in operations, defense, and tourism among other emerging Operations Management issues. The Production and Operations Management Society (POMS) is one of the most important and influential societies in the subject of Production Engineering and, as an international professional and academic organization, represents the interests of professionals and academics in production management and operations around the world.

Supply Chain Management with SAP APO (TM) - Structures, Modelling Approaches and Implementation of SAP SCM (TM)  2008... Supply Chain Management with SAP APO (TM) - Structures, Modelling Approaches and Implementation of SAP SCM (TM) 2008 (Hardcover, 3rd ed. 2009)
Joerg Thomas Dickersbach
R2,525 Discovery Miles 25 250 Ships in 18 - 22 working days

The Advanced Planner and Optimiser (APO) is the software from SAP dedicated to supply chain management. This book addresses the question of how to implement APO in a company. It is written from a long years' experience in implementation projects and provides project managers and team members with the necessary know-how for a successful implementation project. The focus is on introducing modeling approaches and explaining the structure and interdependencies of systems, modules and entities of APO. Another concern is the integration with the R/3 system(s), both technically and from a process point of view. Since APO projects differ significantly from other SAP projects, some key issues and common mistakes concerning project management are covered.

The Constitutional Corporation - Rethinking Corporate Governance (Paperback): Stephen Bottomley The Constitutional Corporation - Rethinking Corporate Governance (Paperback)
Stephen Bottomley
R1,660 Discovery Miles 16 600 Ships in 10 - 15 working days

Corporate laws are based on the idea that the interests of shareholders should be the primary concern of company directors. However, some argue that the proper role for shareholders is to sit back and let the corporation's managers do their job, or that the pursuit of shareholders' interests detracts from the concerns of employees or victims of corporate wrongdoing or other stakeholders. Stephen Bottomley argues that instead of consigning shareholders to this passive role, they should be given opportunities to be active members of corporations. Corporations are constitutional arrangements rather than mere contractual agreements. They are decision-making organizations in which questions of process and structure are important. Thus, instead of using economic criteria such as efficiency as the sole measure for deciding what constitutes 'good' corporate governance, this book examines whether ideas of accountability, deliberation and contestability provide a valuable framework for assessing corporate structures and process and for encouraging greater shareholder participation.

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