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Theories of Corporate Governance
Contributor(s): Clarke, Thomas (Editor)
ISBN: 041532307X     ISBN-13: 9780415323079
Publisher: Routledge
OUR PRICE:   $74.09  
Product Type: Paperback - Other Formats
Published: August 2004
Qty:
Annotation: From being a subject at the margins of finance, economics, accounting, law and management, corporate governance is now becoming a subject of more central concern to each of these disciplines, and increasingly is regarded as a subject that is at the heart of business and management studies. This book brings together the most influential writing in corporate governance drawn from finance, economics, accounting, law and management in an integrative and interdisciplinary way. br br Intended as a companion volume to International Corporate Governance that surveys the global development of corporate governance policy and practice, this book Theories of Governance provides a valuable grounding in the classical theories underpinning contemporary analysis of corporate governance: br br * The origins of the modern business enterprise br * The separation of ownership and control br * How economic activity is organized through firms br * The managerial revolution in business br * Agency problems of managers representing investors br * Risk management and the conception of the company as a series of transactions br * Shareholder value as the ultimate objective and measure of corporate success br * Managerial hegemony and nominal boards of directors br * Stewardship theory and company board performance br * Stakeholder theory and the conception of the company as a set of relationships br * The globalization of corporations, equity markets, and corporate governance br * Convergence and divergence in corporate governance systems br * The impact of corporate objectives upon corporate stakeholders
Additional Information
BISAC Categories:
- Business & Economics | Leadership
- Business & Economics | Industrial Management
- Business & Economics | Corporate Finance - General
Dewey: 658.400
LCCN: 2004046872
Physical Information: 0.7" H x 7.48" W x 9.6" (1.81 lbs) 384 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

In the wake of the financial and corporate scandals of recent years, corporate governance increasingly is recognised as being at the heart of understanding how and why businesses are run as they are. But while there are diverse and well-established theories of corporate governance, they are rarely gathered in a coherent and comparative way.

This comprehensive reader brings together the most influential writing in the field, with editorial commentary, to provide a uniquely interdisciplinary resource for students and lecturers that underpins contemporary analysis of corporate governance. Topics covered include:

  • the separation of ownership and control
  • how economic activity is organised through firms
  • the managerial revolution in business
  • agency, stewardship and stakeholder theory
  • globalization and convergence
  • the critique of shareholder value
  • post-Enron analysis.

Structured to provide an introduction and overview of corporate governance from the classical theories to contemporary controversies, this reader functions either as a stand-alone text, or as a companion to International Corporate Governance, a textbook also authored by Thomas Clarke.