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Rethinking Corporate Governance - The Forming of Operative and Financial Strategies in Global Corporations (Hardcover)
Loot Price: R5,162
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Rethinking Corporate Governance - The Forming of Operative and Financial Strategies in Global Corporations (Hardcover)
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Rethinking Corporate Governance's extensive and insightful
empirical investigation offers a radically new approach to
corporate governance. This ground-breaking volume describes and
analyzes the key nature-based and actor-based forces that
ultimately determine corporate governance processes and long-term
corporate paths. Generally, such forces work in complex and
intricate interplays that to a large extent vary among
corporations. A theory of shareholder governance is developed and
integrated into the established - and more comprehensive - theory
of corporate governance to create a revised theory of the
corporation (firm). The new possibilities that this creates for
explaining how processes develop and ultimately influence corporate
paths are presented in-depth. Featuring conclusions based on an
empirical material that is both rich and exclusive, the book also
contains extensive non-anonymized materials from authentic
corporate governance processes. A general conclusion is that
actions taken by individuals have a special status among those
forces, as they not only generate impact in themselves, but also
involve interpretations of the possible effects of all the other
forces.Among those actions, the ones taken by the shareholders
stand out as particularly decisive both for the governance
processes as such and for how corporations develop over time.
Offering a degree of openness, detail and realism that is hard to
find in any other case-based study this innovative and enlightening
volume is essential for both academics and practitioners involved
in corporate governance, corporate strategy and the theory of the
firm.
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