Author: H. Kent Baker
Publisher: John Wiley & Sons
ISBN: 0470877952
Category : Business & Economics
Languages : en
Pages : 690
Book Description
A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.
Corporate Governance
Author: H. Kent Baker
Publisher: John Wiley & Sons
ISBN: 0470877952
Category : Business & Economics
Languages : en
Pages : 690
Book Description
A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.
Publisher: John Wiley & Sons
ISBN: 0470877952
Category : Business & Economics
Languages : en
Pages : 690
Book Description
A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.
Corporate Governance in Transition
Author: Marjan Marandi Parkinson
Publisher: Springer
ISBN: 3319771108
Category : Business & Economics
Languages : en
Pages : 305
Book Description
This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of corporate governance as a framework of checks and balances on executive decision-making, before moving to the core issues of governance during financial distress and insolvency and alternative informal and formal rescue. Identifying and reviewing turnaround strategies and formal rescue processes available to management, the book also examines the increasing importance of creditors and their impact on business decision-making. The book provides a detailed interpretation of governance in five mega insolvencies in retail and construction following the financial crisis in 2008. It also sets out a methodology which is designed to inform and help those readers seeking to analyse and interpret director behaviour in such circumstances.
Publisher: Springer
ISBN: 3319771108
Category : Business & Economics
Languages : en
Pages : 305
Book Description
This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of corporate governance as a framework of checks and balances on executive decision-making, before moving to the core issues of governance during financial distress and insolvency and alternative informal and formal rescue. Identifying and reviewing turnaround strategies and formal rescue processes available to management, the book also examines the increasing importance of creditors and their impact on business decision-making. The book provides a detailed interpretation of governance in five mega insolvencies in retail and construction following the financial crisis in 2008. It also sets out a methodology which is designed to inform and help those readers seeking to analyse and interpret director behaviour in such circumstances.
Corporate Governance and Complexity Theory
Author: Marc Goergen
Publisher: Edward Elgar Publishing
ISBN: 1849808007
Category : Business & Economics
Languages : en
Pages : 152
Book Description
This book is a major advancement in the area of complexity and corporate governance. By bringing together a range of leading experts in the fields of complexity and corporate governance, this book manages to knowledgeably wed the emerging field of complex systems thinking with the more established area of corporate governance. It brings a range of new and exciting concepts, such as emergence, co-evolution and selforganisation, and integrates them into an overarching and holistic understanding of corporate governance that is a clear benefit to corporate actors and stakeholders. The book is a major resource for both academic and practitioner audiences.
Publisher: Edward Elgar Publishing
ISBN: 1849808007
Category : Business & Economics
Languages : en
Pages : 152
Book Description
This book is a major advancement in the area of complexity and corporate governance. By bringing together a range of leading experts in the fields of complexity and corporate governance, this book manages to knowledgeably wed the emerging field of complex systems thinking with the more established area of corporate governance. It brings a range of new and exciting concepts, such as emergence, co-evolution and selforganisation, and integrates them into an overarching and holistic understanding of corporate governance that is a clear benefit to corporate actors and stakeholders. The book is a major resource for both academic and practitioner audiences.
Dividend Policy and Corporate Governance
Author: Luis Correia da Silva
Publisher: OUP Oxford
ISBN: 0191531812
Category : Business & Economics
Languages : en
Pages : 204
Book Description
Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Europe and its impact on dividends. Focusing on one of the main representatives of this system, Germany, it highlights major differences between the dividend policies of German firms and those of UK or US firms. Conventional wisdom states that German dividends are lower than UK or US dividends, yet on a published-profits basis the exact converse is true. In addition, the authors demonstrate a link between corporate control structures and dividend payouts, report evidence that the existence of a loss is an additional determinant of dividend changes, and demonstrate that the tax status of the controlling shareholder and the firm's dividend payout are not linked. The conclusions reached in this book have important implications for the current debate on corporate governance, making it invaluable for academics, finance professionals, regulators, and legal advisors.
Publisher: OUP Oxford
ISBN: 0191531812
Category : Business & Economics
Languages : en
Pages : 204
Book Description
Dividends are not only a signal about a firm's prospects under asymmetric information, but they can also act as a corporate governance device to align the management's interests with those of the shareholders. Dividend Policy and Corporate Governance is the first comprehensive volume on the relationship between dividend policy and corporate governance, and examines in detail empirical studies and current theories. Reviewing the interactions between dividend policy and other corporate governance mechanisms, it compares results for the UK and the US with those for other countries such as France, Germany, and Japan, and provides new empirical evidence on corporate governance in continental Europe and its impact on dividends. Focusing on one of the main representatives of this system, Germany, it highlights major differences between the dividend policies of German firms and those of UK or US firms. Conventional wisdom states that German dividends are lower than UK or US dividends, yet on a published-profits basis the exact converse is true. In addition, the authors demonstrate a link between corporate control structures and dividend payouts, report evidence that the existence of a loss is an additional determinant of dividend changes, and demonstrate that the tax status of the controlling shareholder and the firm's dividend payout are not linked. The conclusions reached in this book have important implications for the current debate on corporate governance, making it invaluable for academics, finance professionals, regulators, and legal advisors.
Commercial Management of Projects
Author: David Lowe
Publisher: John Wiley & Sons
ISBN: 1405171898
Category : Technology & Engineering
Languages : en
Pages : 480
Book Description
This is the first book to establish a theoretical framework forcommercial management. It argues that managing the contractual andcommercial issues of projects – from project inception tocompletion – is vital in linking operations at the projectlevel and the multiple projects (portfolios/ programmes) level tothe corporate core of a company. The book focuses on commercial management within the context ofproject oriented organisations, for example: aerospace,construction, IT, pharmaceutical and telecommunications – inthe private and public sectors. By bringing together contributionsfrom leading researchers and practitioners in commercialmanagement, it presents the state-of-the-art in commercialmanagement covering both current research and best practice. Commercial Management of Projects: defining thediscipline covers the external milieu (competition,culture, procurement systems); the corporate milieu(corporate governance, strategy, marketing, trust, outsourcing);the projects milieu (management of uncertainty, conflictmanagement and dispute resolution, performance measurement, valuemanagement); and the project milieu (project governance,contract management, bidding, purchasing, logistics and supply,cost value reconciliation). Collectively the chapters constitute a step towards the creationof a body of knowledge and a research agenda for commercialmanagement.
Publisher: John Wiley & Sons
ISBN: 1405171898
Category : Technology & Engineering
Languages : en
Pages : 480
Book Description
This is the first book to establish a theoretical framework forcommercial management. It argues that managing the contractual andcommercial issues of projects – from project inception tocompletion – is vital in linking operations at the projectlevel and the multiple projects (portfolios/ programmes) level tothe corporate core of a company. The book focuses on commercial management within the context ofproject oriented organisations, for example: aerospace,construction, IT, pharmaceutical and telecommunications – inthe private and public sectors. By bringing together contributionsfrom leading researchers and practitioners in commercialmanagement, it presents the state-of-the-art in commercialmanagement covering both current research and best practice. Commercial Management of Projects: defining thediscipline covers the external milieu (competition,culture, procurement systems); the corporate milieu(corporate governance, strategy, marketing, trust, outsourcing);the projects milieu (management of uncertainty, conflictmanagement and dispute resolution, performance measurement, valuemanagement); and the project milieu (project governance,contract management, bidding, purchasing, logistics and supply,cost value reconciliation). Collectively the chapters constitute a step towards the creationof a body of knowledge and a research agenda for commercialmanagement.
Political Determinants of Corporate Governance
Author: Mark J. Roe
Publisher: Oxford University Press, USA
ISBN: 9780199205301
Category : Business & Economics
Languages : en
Pages : 260
Book Description
In a painstaking analysis, Roe (law, Harvard Law School) examines the impact of a nation's strong social policies on the corporate governance, suggesting that stronger social policies can cause an American style of diffuse ownership among shareholders to fail. The link between social policies and corporate governance is examined statistically for a large number of countries, and in case studies for seven: Italy, Germany, Sweden, the UK, France, Japan, and the US. Product markets, securities markets, and the ability of corporate and economic structures to induce a political backlash are discussed. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Publisher: Oxford University Press, USA
ISBN: 9780199205301
Category : Business & Economics
Languages : en
Pages : 260
Book Description
In a painstaking analysis, Roe (law, Harvard Law School) examines the impact of a nation's strong social policies on the corporate governance, suggesting that stronger social policies can cause an American style of diffuse ownership among shareholders to fail. The link between social policies and corporate governance is examined statistically for a large number of countries, and in case studies for seven: Italy, Germany, Sweden, the UK, France, Japan, and the US. Product markets, securities markets, and the ability of corporate and economic structures to induce a political backlash are discussed. Annotation (c)2003 Book News, Inc., Portland, OR (booknews.com).
Individual and Organizational Factors Surrounding Top Executive Turnover
Author: Stephanie Brecht-Bergen
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832546731
Category : Business & Economics
Languages : en
Pages : 226
Book Description
The author analyzes the multi-faceted phenomenon of top executive turnover from various theoretical angles and empirically shows how individual and organizational factors such as performance, compensation and gender relate to it. Managerial implications on how to deal with turnover in times of talent shortage are derived. The book contributes to turnover research in three distinct ways. From a corporate governance perspective, it inspects potential antecedents and consequences of top executive dismissal with a focus on firm performance consequences. Taking a labor economics view, it scrutinizes compensation structure as a likely antecedent of voluntary turnover. From an OB and HRM angle, it examines gender as a characteristic of top executives and possible antecedent of turnover.
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832546731
Category : Business & Economics
Languages : en
Pages : 226
Book Description
The author analyzes the multi-faceted phenomenon of top executive turnover from various theoretical angles and empirically shows how individual and organizational factors such as performance, compensation and gender relate to it. Managerial implications on how to deal with turnover in times of talent shortage are derived. The book contributes to turnover research in three distinct ways. From a corporate governance perspective, it inspects potential antecedents and consequences of top executive dismissal with a focus on firm performance consequences. Taking a labor economics view, it scrutinizes compensation structure as a likely antecedent of voluntary turnover. From an OB and HRM angle, it examines gender as a characteristic of top executives and possible antecedent of turnover.
Women on Corporate Boards of Directors
Author: Susan Vinnicombe
Publisher: Edward Elgar Publishing
ISBN: 1848445199
Category : Business & Economics
Languages : en
Pages : 273
Book Description
. . . a thorough and insightful examination of women on corporate boards of directors. . . I recommend the book as a read for practitioners, scholars, educators and others having an interest in human resource management. . . With its wealth of information, Women on Corporate Boards of Directors is a good addition to the extant literature that should represent an affordable value for the buyer. Mark Mone, Personnel Review After the first two chapters I was so absorbed I was almost reluctant to go to coffee and, as other coffee addicts will know, it is a rare book, especially a rare academic book that can make one careless in observing the customary coffee break. . . I found that the way this book is written helped me to reflect on much of the gender research that I am involved in currently because the questions raised are so searching and far-reaching. Once again, the chapter authors combine brevity with thoroughness and depth in their examination of the themes, which made this a very rewarding book because it takes you so far in your thinking in just 240 pages. . . I feel energised by the debates that the book has opened up for me. I have done research in this particular area, but I now feel that I have explored different perspectives and new depths and I am grateful to the editors for that. Marianne Tremaine, Gender in Management: An International Journal This timely collection of case studies and research from top academics around the world, will be of tremendous value to all those engaged in bringing about greater gender diversity in corporate boardrooms. Jacey Graham, Brook Graham LLP This book provides an excellent overview of contemporary international research and practice relating to women on corporate boards of directors. An important lesson learnt from this book is: rather than having only one or two competent and committed women on the boards of directors, an ideal number of three is not only the right thing but also the bright thing to do. Why? Research has documented a strong positive correlation between the share of board seats held by women and financial performance. Martin Hilb, University of St. Gallen, Switzerland There are still common barriers that women face across many countries that keep their representation on boards of directors low and relatively unchanging. I commend this excellent, outstanding book to both academics and business management constituencies, as well as individuals interested in serving on corporate boards. The authors should be congratulated for this important contribution to the literature. Marilyn Davidson, The University of Manchester, UK This important new book addresses the growing international interest in women on corporate boards of directors. The contributors explore the position of women on corporate boards and future trends in different countries including Australia, Canada, France, Iceland, Jordan, New Zealand, Norway, Spain, Tunisia, the UK and the USA. They go on to report the latest research on the experiences and different contributions made by women directors on corporate boards. Issues discussed include: How women directors champion difficult issues and debates How women influence boardroom behaviour The contribution of women directors human and social capital Gendered experiences and the glass cliff The glass ceiling or a bottleneck? Networking to harness local power for national impact Women on board in best practice companies Whether critical mass makes a difference? Future directions for research. Women on Corporate Boards of Directors brings together the significant international research base with suggestions aimed at individuals aspiring to board membership, women and men currently serving on corporate boards, companies interested in attracting women to their boards, and government bodies wanting to identify the challenges and opportunities facing them as they consider various options for increasing women s representation on corporate
Publisher: Edward Elgar Publishing
ISBN: 1848445199
Category : Business & Economics
Languages : en
Pages : 273
Book Description
. . . a thorough and insightful examination of women on corporate boards of directors. . . I recommend the book as a read for practitioners, scholars, educators and others having an interest in human resource management. . . With its wealth of information, Women on Corporate Boards of Directors is a good addition to the extant literature that should represent an affordable value for the buyer. Mark Mone, Personnel Review After the first two chapters I was so absorbed I was almost reluctant to go to coffee and, as other coffee addicts will know, it is a rare book, especially a rare academic book that can make one careless in observing the customary coffee break. . . I found that the way this book is written helped me to reflect on much of the gender research that I am involved in currently because the questions raised are so searching and far-reaching. Once again, the chapter authors combine brevity with thoroughness and depth in their examination of the themes, which made this a very rewarding book because it takes you so far in your thinking in just 240 pages. . . I feel energised by the debates that the book has opened up for me. I have done research in this particular area, but I now feel that I have explored different perspectives and new depths and I am grateful to the editors for that. Marianne Tremaine, Gender in Management: An International Journal This timely collection of case studies and research from top academics around the world, will be of tremendous value to all those engaged in bringing about greater gender diversity in corporate boardrooms. Jacey Graham, Brook Graham LLP This book provides an excellent overview of contemporary international research and practice relating to women on corporate boards of directors. An important lesson learnt from this book is: rather than having only one or two competent and committed women on the boards of directors, an ideal number of three is not only the right thing but also the bright thing to do. Why? Research has documented a strong positive correlation between the share of board seats held by women and financial performance. Martin Hilb, University of St. Gallen, Switzerland There are still common barriers that women face across many countries that keep their representation on boards of directors low and relatively unchanging. I commend this excellent, outstanding book to both academics and business management constituencies, as well as individuals interested in serving on corporate boards. The authors should be congratulated for this important contribution to the literature. Marilyn Davidson, The University of Manchester, UK This important new book addresses the growing international interest in women on corporate boards of directors. The contributors explore the position of women on corporate boards and future trends in different countries including Australia, Canada, France, Iceland, Jordan, New Zealand, Norway, Spain, Tunisia, the UK and the USA. They go on to report the latest research on the experiences and different contributions made by women directors on corporate boards. Issues discussed include: How women directors champion difficult issues and debates How women influence boardroom behaviour The contribution of women directors human and social capital Gendered experiences and the glass cliff The glass ceiling or a bottleneck? Networking to harness local power for national impact Women on board in best practice companies Whether critical mass makes a difference? Future directions for research. Women on Corporate Boards of Directors brings together the significant international research base with suggestions aimed at individuals aspiring to board membership, women and men currently serving on corporate boards, companies interested in attracting women to their boards, and government bodies wanting to identify the challenges and opportunities facing them as they consider various options for increasing women s representation on corporate
The Oxford Handbook of Corporate Law and Governance
Author: Jeffrey Neil Gordon
Publisher: Oxford University Press
ISBN: 0198743688
Category : Business & Economics
Languages : en
Pages : 1217
Book Description
Corporate law and corporate governance have been at the forefront of regulatory activities across the world for several decades now, and are subject to increasing public attention following the Global Financial Crisis of 2008. The Oxford Handbook of Corporate Law and Governance provides the global framework necessary to understand the aims and methods of legal research in this field. Written by leading scholars from around the world, the Handbook contains a rich variety of chapters that provide a comparative and functional overview of corporate governance. It opens with the central theoretical approaches and methodologies in corporate law scholarship in Part I, before examining core substantive topics in corporate law, including shareholder rights, takeovers and restructuring, and minority rights in Part II. Part III focuses on new challenges in the field, including conflicts between Western and Asian corporate governance environments, the rise of foreign ownership, and emerging markets. Enforcement issues are covered in Part IV, and Part V takes a broader approach, examining those areas of law and finance that are interwoven with corporate governance, including insolvency, taxation, and securities law as well as financial regulation. The Handbook is a comprehensive, interdisciplinary resource placing corporate law and governance in its wider context, and is essential reading for scholars, practitioners, and policymakers in the field.
Publisher: Oxford University Press
ISBN: 0198743688
Category : Business & Economics
Languages : en
Pages : 1217
Book Description
Corporate law and corporate governance have been at the forefront of regulatory activities across the world for several decades now, and are subject to increasing public attention following the Global Financial Crisis of 2008. The Oxford Handbook of Corporate Law and Governance provides the global framework necessary to understand the aims and methods of legal research in this field. Written by leading scholars from around the world, the Handbook contains a rich variety of chapters that provide a comparative and functional overview of corporate governance. It opens with the central theoretical approaches and methodologies in corporate law scholarship in Part I, before examining core substantive topics in corporate law, including shareholder rights, takeovers and restructuring, and minority rights in Part II. Part III focuses on new challenges in the field, including conflicts between Western and Asian corporate governance environments, the rise of foreign ownership, and emerging markets. Enforcement issues are covered in Part IV, and Part V takes a broader approach, examining those areas of law and finance that are interwoven with corporate governance, including insolvency, taxation, and securities law as well as financial regulation. The Handbook is a comprehensive, interdisciplinary resource placing corporate law and governance in its wider context, and is essential reading for scholars, practitioners, and policymakers in the field.
An International Comparison of Corporate Governance Models
Author: Gregory Francesco Maassen
Publisher: Gregory Maassen
ISBN: 9090125914
Category : Corporate governance
Languages : en
Pages : 228
Book Description
Publisher: Gregory Maassen
ISBN: 9090125914
Category : Corporate governance
Languages : en
Pages : 228
Book Description