The New Governance Paradigm for Firms Based on Institutions

The New Governance Paradigm for Firms Based on Institutions PDF Author: Dmitri Pletnev
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

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Book Description
One of the most important problems of modern management in large corporations as well as small- and medium-sized firms is the lack of effective tools that allow building a management system that would ensure the self-development of the firm. This article is devoted to the approach that assists in that self-development. The approach is based on the analysis of the firm as an institutional system, in which some specific elements (institutions and routines) are distinguished, with the help of which the management is carried out. A manager in this kind of firm should not be an administrator of agents, but an institutional entrepreneur who carries out the process of “creative destruction” at the level of organizational routines in the company. The basis of such management is the principle of proportionality of the three institutions forming the firm - the institutions of force, assistance, and self-interest. By ensuring the proportionality of these institutions in the firm, the manager can create a harmonious corporation. Particular attention is paid to the specific forms of manifestation of elements of institutional structure in corporations and these patterns.

The New Governance Paradigm for Firms Based on Institutions

The New Governance Paradigm for Firms Based on Institutions PDF Author: Dmitri Pletnev
Publisher:
ISBN:
Category :
Languages : en
Pages : 10

Get Book Here

Book Description
One of the most important problems of modern management in large corporations as well as small- and medium-sized firms is the lack of effective tools that allow building a management system that would ensure the self-development of the firm. This article is devoted to the approach that assists in that self-development. The approach is based on the analysis of the firm as an institutional system, in which some specific elements (institutions and routines) are distinguished, with the help of which the management is carried out. A manager in this kind of firm should not be an administrator of agents, but an institutional entrepreneur who carries out the process of “creative destruction” at the level of organizational routines in the company. The basis of such management is the principle of proportionality of the three institutions forming the firm - the institutions of force, assistance, and self-interest. By ensuring the proportionality of these institutions in the firm, the manager can create a harmonious corporation. Particular attention is paid to the specific forms of manifestation of elements of institutional structure in corporations and these patterns.

Public Governance Paradigms

Public Governance Paradigms PDF Author: Jacob Torfing
Publisher: Edward Elgar Publishing
ISBN: 1788971221
Category : Political Science
Languages : en
Pages : 310

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Book Description
This enlightening book scrutinizes the shifting governance paradigms that inform public administration reforms. From the rise to supremacy of New Public Management to new the growing preference for alternatives, four world-renowned authors launch a powerful and systematic comparison of the competing and co-existing paradigms, explaining the core features of public bureaucracy and professional rule in the modern day.

New Governance Paradigm

New Governance Paradigm PDF Author: Thodupuzha M. Joseph
Publisher: Gyan Publishing House
ISBN: 9788178357157
Category : India
Languages : en
Pages : 404

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Book Description
Globalization is one of the most debated concepts in contemporary discussions in the domain of development. The emerging paradigm of governance in the area of globalization reframes the roles of institutions of state, market and civil society. This involves questioning of the erstwhile dominant role of other institutions. Weakening and erosion of major modern institutions of governance such as legislature, bureaucracy and judiciary in third world reflects the growing governance crisis. Social tension and conflicts based on identity are on rise. This has significant implications on issues such as social equity, justice and environment that affect the life of people, especially the third world poor. This collection addresses some pertinent issues that emanate from the emerging paradigm of governance. The major areas of concern are globalization, civil society, gender social services and infrastructure. This documentation will help carry forward creation of knowledge and formulation of strategies in the field of rural management to meet the future challenge of rural development.

Public Governance as Co-creation

Public Governance as Co-creation PDF Author: Christopher Ansell
Publisher: Cambridge University Press
ISBN: 1108807232
Category : Political Science
Languages : en
Pages : 341

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Book Description
We need new governance solutions to help us improve public policies and services, solve complex societal problems, strengthen social communities and reinvigorate democracy. By changing how government engages with citizens and stakeholders, co-creation provides an attractive and feasible approach to governance that goes beyond the triptych of public bureaucracy, private markets and self-organized communities. Inspired by the successful use of co-creation for product and service design, this book outlines a broad vision of co-creation as a strategy of public governance. Through the construction of platforms and arenas to facilitate co-creation, this strategy can empower local communities, enhance broad-based participation, mobilize societal resources and spur public innovation while building ownership for bold solutions to pressing problems and challenges. The book details how to use co-creation to achieve goals. This exciting and innovative study combines theoretical argument with illustrative empirical examples, visionary thinking and practical recommendations.

The New Institutionalism in Strategic Management

The New Institutionalism in Strategic Management PDF Author: P. Ingram
Publisher: Elsevier
ISBN: 0762309032
Category : Business & Economics
Languages : en
Pages : 409

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Book Description
In this exciting volume, a diverse and accomplished group of scholars work to integrate theories of institutions with strategic management. The research they present examines a wide range of industrial contexts, ranging from American retailing at the end of the nineteenth century, to German tax law at the beginning of the twenty-first.

Governance: A Very Short Introduction

Governance: A Very Short Introduction PDF Author: Mark Bevir
Publisher: Oxford University Press
ISBN: 0199606412
Category : Political Science
Languages : en
Pages : 147

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Book Description
Generally referring to all forms of social coordination and patterns of rule, the term 'governance' is used in many different contexts. In this Very Short Introduction, Mark Bevir explores the main theories of governance and considers their impact on ideas of governance in the corporate, public, and global arenas.

The New Public Governance

The New Public Governance PDF Author: Stephen P. Osborne
Publisher: Routledge
ISBN: 1135173273
Category : Business & Economics
Languages : en
Pages : 448

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Book Description
Despite predictions that 'new public management' would establish itself as the new paradigm of Public Administration and Management, recent academic research has highlighted concerns about the intra-organizational focus and limitations of this approach. This book represents a comprehensive analysis of the state of the art of public management, examining and framing the debate in this important area. The New Public Governance? sets out to explore this emergent field of research and to present a framework with which to understand it. Divided into five parts, the book examines: Theoretical underpinnings of the concept of governance, especially competing perspectives from Europe and the US Governance of inter-organizational partnerships and contractual relationships Governance of policy networks Lessons learned and future directions Under the steely editorship of Stephen Osborne and with contributions from leading academics including Owen Hughes, John M. Bryson, Don Kettl, Guy Peters and Carsten Greve, this book will be of particular interest to researchers and students of public administration, public management, public policy and public services management.

The Mechanisms of Governance

The Mechanisms of Governance PDF Author: Oliver E. Williamson
Publisher: Oxford University Press
ISBN: 0195360141
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the New Institutional Economics with which Oliver Williamson is especially associated. Transaction cost economics takes issue with one of the fundamental building blocks in microeconomics: the theory of the firm. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes the firm in organizational terms, as a governance structure. Alternative feasible forms of organization--firms, markets, hybrids, bureaus--are examined comparatively. The analytical action resides in the details of transactions and the mechanisms of governance. Transaction cost economics has had a pervasive influence on current economic thought about how and why institutions function as they do, and it has become a practical framework for research in organizations by representatives of a variety of disciplines. Through a transaction cost analysis, The Mechanisms of Governance shows how and why simple contracts give way to complex contracts and internal organization as the hazards of contracting build up. That complicates the study of economic organization, but a richer and more relevant theory of organization is the result. Many testable implications and lessons for public policy accrue to this framework. Applications of both kinds are numerous and growing. Written by one of the leading economic theorists of our time, The Mechanisms of Governance is sure to be an important work for years to come. It will be of interest to scholars and students of economics, organization, management, and law.

Transforming Governance

Transforming Governance PDF Author: Maria Aluchna
Publisher: Routledge
ISBN: 131700762X
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Transforming Governance: New Values, New Systems in the New Business Environment, edited by Maria Aluchna and Güler Aras addresses the current state, as well as the development of corporate governance and its perceived tasks and functions, in response to the changing market and regulatory environment. Divided into three parts, the book firstly addresses the variety of theoretical approaches. The inefficiencies, scandals and crises as well as the significant shortcomings and current criticism of shareholder value provide a new setting and theoretical assumptions for the purpose and role of corporate governance in the economy and society. The second section of the book goes on to discuss the forces which lead to the changing corporate governance paradigm, as companies are expected to incorporate not only shareholders but also stakeholders expectations and report and improve upon social and environmental performance. The focus of this section is to present the impact of stakeholders, the requirement for corporate social responsibility and sustainability, as well as the increasing importance of women in management and their participation at corporate board level. Section Three contains corporate governance case studies within various organizational and institutional settings; including the case of family companies, social enterprises/benefit corporations, sustainable companies and emerging markets. The book's contributors comprise both researchers and business experts addressing both theoretical and practical dimensions.

Corporate Citizenship and New Governance

Corporate Citizenship and New Governance PDF Author: Ingo Pies
Publisher: Springer Science & Business Media
ISBN: 9400716613
Category : Philosophy
Languages : en
Pages : 199

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Book Description
This volume unites the perspective of business ethics with approaches from strategic management, economics, law, political science, and with philosophical reflections on the theory of Corporate Citizenship and New Governance. In view of the internationalization of the (global) economy and the free movement of capital, new instruments of political coordination are needed. These societal changes trigger the two closely intertwined challenges examined in this book. The first challenge relates to the role and the self-conceptualization of business firms as corporate citizens within society. Companies are increasingly expected to assume the social responsibility of helping to shape the rule-framework of globalization. The second challenge refers to the form of the engagement in local, national and international processes of governance. To more credibly and effectively tackle these challenges, corporate actors are ever more participating in rule-setting processes together with civil society organizations and the government.