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Books > Business & Economics > Business & management > Management & management techniques > Organizational theory & behaviour
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Corporate Forms and Organisational Choice in International Insurance (Hardcover)
Loot Price: R3,587
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Corporate Forms and Organisational Choice in International Insurance (Hardcover)
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Given the infinite variety of risks throughout history, it is
perhaps unsurprising that insurance - the world's primary risk
mitigation industry - developed a wide range of organisational
forms by which it was delivered. Yet we know little about how and
why different forms were chosen in the past, or why they survived
or disappeared. This book is the first to examine the development
of multiple organisational forms in insurance from an historical
and international comparative context, and to relate historical
analysis to modern organisational theory. Thirteen chapters cover
eight major markets, US, UK, Germany, Japan, Spain, Sweden,
Australia, South Africa, which together account for over half of
all world insurance today. Each chapter is authored by an expert in
their field, and several include new datasets. Major themes covered
are the variety, choice, governance and regulation of
organisational forms in insurance, the experience of mutual
insurance in frontier economies and uncertain political
environments, the long-run business performance of different
organisational forms, and the problems surrounding the
demutualization of modern insurance companies. The book suggests
the need for important revisions to current organisational theory,
and it highlights several explanatory factors that have received
little attention from scholars. These include the importance of
regulation and the role of the state in shaping the organisational
landscape of insurance at different times and places; the role of
entrepreneurship in organisational choice; the utility of
organisational forms as a risk management device, and the
significance of cultural preferences in the selection of
organisational forms.
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