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  3. Corporate Governance
  • Cited by 45
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 June 2012
      02 October 2000
      ISBN:
      9781139175333
      9780521781640
      9780521032032
      DOI:
      https://doi.org/10.1017/CBO9781139175333
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.46kg, 248 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.377kg, 248 Pages
      • Subjects:
      Economics, Industrial Economics, Microeconomics
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    • Selected: Digital
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    Subjects:
    Economics, Industrial Economics, Microeconomics
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    Book description

    Corporate governance is an active area of research and public debate. The recent generalization of 'shareholder value' ideas and institutional investment, the establishment of codes of best practice for boards of directors, and the controversy about whether market oriented or bank-relations oriented systems are better for economic performance provide cogent examples. The outcome of the debate is important for industrialized nations, developing countries, and transition economies. The volume takes stock of research in the topic, criticizes the standard agency view, and presents ideas and analysis about the role of competition, the political economy of corporate governance, the effects of different systems on growth and performance, the governance system by venture capital in the Silicon Valley, and human capital and control in the new corporation.

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