0
Your cart

Your cart is empty

Books > Social sciences > Politics & government

Buy Now

Corporate Governance and Finance (Hardcover) Loot Price: R5,083
Discovery Miles 50 830
Corporate Governance and Finance (Hardcover): Mark Hirschey, Kose John, Anil K. Makhija

Corporate Governance and Finance (Hardcover)

Mark Hirschey, Kose John, Anil K. Makhija

Series: Advances in Financial Economics

 (sign in to rate)
Loot Price R5,083 Discovery Miles 50 830 | Repayment Terms: R476 pm x 12*

Bookmark and Share

Expected to ship within 10 - 15 working days

Papers in this volume focus upon corporate governance, broadly defined as the system of controls that helps the corporation effectively manage, administer and direct economic resources. Questions of what and how to produce become equally important as organizations strive to better serve demanding customers. As a result, the design and control of effective organizations structure has been described by the vertical and horizontal relationships among the firm, its customers and suppliers. More recently, researchers have come to understand that the efficiency of firms depends upon the ability of participants to find effective means to minimize the transaction costs of coordinating productive activity. As financial economists have learned, resource allocation will be efficient so long as transaction costs remain low and property rights can be freely assigned and exchanged. An important problem that must be addressed is the so-called agency problem resulting from the natural conflict between owners and managers. Agency costs are the explicit and implicit transaction costs necessary to overcome the natural divergence of interest between agent managers and principal stockholders. The value-maximizing organization design minimizes unproductive conflict within the firm. Papers in this volume show how corporate control mechanisms inside and outside the firm have evolved to allocate decision authority to that person or organization best able to perform a given task.

General

Imprint: JAI Press Inc.
Country of origin: United States
Series: Advances in Financial Economics
Release date: June 2003
First published: June 2003
Editors: Mark Hirschey • Kose John • Anil K. Makhija
Dimensions: 236 x 155 x 20mm (L x W x T)
Format: Hardcover
Pages: 202
ISBN-13: 978-0-7623-1027-2
Categories: Books > Social sciences > Politics & government > General
Books > Business & Economics > Finance & accounting > Finance > Corporate finance
Books > Money & Finance > Corporate finance
Promotions
LSN: 0-7623-1027-8
Barcode: 9780762310272

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

Partners