An Evolving Diversity of Organizational Mode and Its Implications for Transitional Economies

An Evolving Diversity of Organizational Mode and Its Implications for Transitional Economies PDF Author: Masahiko Aoki
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

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An Evolving Diversity of Organizational Mode and Its Implications for Transitional Economies

An Evolving Diversity of Organizational Mode and Its Implications for Transitional Economies PDF Author: Masahiko Aoki
Publisher:
ISBN:
Category :
Languages : en
Pages : 64

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Book Description


Toward a Comparative Institutional Analysis

Toward a Comparative Institutional Analysis PDF Author: Masahiko Aoki
Publisher: MIT Press
ISBN: 0262550830
Category : Business & Economics
Languages : en
Pages : 481

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Book Description
A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.

Advances in Economics and Econometrics: Theory and Applications

Advances in Economics and Econometrics: Theory and Applications PDF Author: Econometric Society. World Congress
Publisher: Cambridge University Press
ISBN: 9780521589826
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
These books comprise papers examining the latest developments in economic theory, applied economics and econometrics presented at the Seventh World Congress of the Econometric Society in Tokyo in August 1995. The topics were carefully selected to represent the most active fields in the discipline over the past five years. Written by the leading authorities in their fields, eac h paper provides a unique survey of the current state of knowledge in economics. Designed to make the material accessible to a general audience of economists, these volumes should be helpul to anyone with a good undergraduate training in economics who wishes to follow new ideas and tendencies in the subject.

The Role of Government in East Asian Economic Development

The Role of Government in East Asian Economic Development PDF Author: Masahiko Aoki
Publisher: Clarendon Press
ISBN: 0191521884
Category : Political Science
Languages : en
Pages : 446

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Book Description
The role of government in East Asian economic development has been a continuous issue. Two competing views have shaped enquiries into the source of the rapid growth high-performing Asian economies and attempts to derive a general lesson for other developing economies: the market-friendly view, according to which government intervenes little in the market, and the developmental state view, in which it governs the market. What these views share in common is a conception of market and government as alternative mechanisms for resource allocation. They are distinct only in their judgement of the extent to which market failures have been, and ought to be, remedied by direct government intervention. This collection of essays suggests a breakthrough, third view: the market-enhancing view. Instead of viewing government and the market as mutually exclusive substitutes, it examines the capacity of government policy to facilitate or complement private sector co-ordination. The book starts from the premise that private sector institutions have important comparative advantages over government, in particular in their ability to process information available on site. At the same time, it recognizes that the capabilities of the private sector are more limited in developing economies. The market-enhancing view thus stresses the mechanisms whereby government policy is directed at improving the ability of the private sector to solve co-ordination problems and overcome other market imperfections. In presenting the market-enhancing view, the book recognizes the wide diversity of the roles of government across various East Asian economies-including Japan, Korea, Hong Kong, Malaysia, and China-and its path-dependant and developmental stage nature.

Transition and Economics

Transition and Economics PDF Author: GĂ©rard Roland
Publisher: MIT Press
ISBN: 9780262681483
Category : Business & Economics
Languages : en
Pages : 440

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Book Description
The transition from socialism to capitalism in former socialist economies has transformed the economic structure. This book provides an overview of research on the issues raised by the shift from collective to private ownership.

Understanding Industrial and Corporate Change

Understanding Industrial and Corporate Change PDF Author: Giovanni Dosi
Publisher: Oxford University Press, USA
ISBN: 0199269424
Category : Business & Economics
Languages : en
Pages : 440

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Book Description
'Understanding Industrial and Corporate Change' contains pioneering work on technological, organizational, and institutional change and explores three distinct themes: Markets and Organizations; Evolutionary Theory and Technological Change; and Strategy, Capabilities, and Knowledge Management.

CEPR Publication

CEPR Publication PDF Author:
Publisher:
ISBN:
Category : Econometrics
Languages : en
Pages : 570

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Journal of Economic Literature

Journal of Economic Literature PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 760

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Employees and Corporate Governance

Employees and Corporate Governance PDF Author: Margaret M. Blair
Publisher: Brookings Institution Press
ISBN: 9780815707073
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
Most scholarship on corporate governance in the last two decades has focused on the relationships between shareholders and managers or directors. Neglected in this vast literature is the role of employees in corporate governance. Yet "human capital," embodied in the employees, is rapidly becoming the most important source of value for corporations, and outside the United States, employees often have a significant formal role in corporate governance. This volume turns the spotlight on the neglected role of employees by analyzing many of the formal and informal ways that employees are actually involved in the governance of corporations, in U.S. firms and in large corporations in Germany and Japan. Examining laws and contexts, the essays focus on the framework for understanding employees' role in the firm and the implications for corporate governance. They explore how and why the special legal institutions in German and Japanese firms by which employees are formally involved in corporate governance came into being, and the impact these institutions have on firms and on their ability to compete. They also consider theoretical and empirical questions about employee share ownership. The result of a conference at Columbia University, the volume includes essays by Theodor Baums, Margaret M. Blair, David Charny, Greg Dow, Bernd Frick, Ronald J. Gilson, Jeffrey N. Gordon, Nobuhiro Hiwatari, Katharina Pistor, Louis Putterman, Edward B. Rock, Mark J. Roe, and Michael L. Wachter. Margaret M. Blair is a senior fellow in Economic Studies at the Brookings Institution and author of Ownership and Control: Rethinking Corporate Governance for the Twenty-first Century (Brookings, 1995). Mark J. Roe, professor of business regulation and director of the Sloan Project on Corporate Governance at Columbia Law School, is the author of Strong Managers, Weak Owners: The Political Roots of American Corporate Finance (Princeton, 1996).

Global Markets, Domestic Institutions

Global Markets, Domestic Institutions PDF Author: Curtis J. Milhaupt
Publisher: Columbia University Press
ISBN: 0231501765
Category : Political Science
Languages : en
Pages : 579

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Book Description
Markets for capital, products, and managerial talent are expanding rapidly across national borders, yet domestic laws and practices have never had greater impact on corporate structures and cross-border deals. Investors pursuing high returns and diversification, entrepreneurs seeking capital, and managers endeavoring to restructure troubled enterprises now routinely face transaction counter-parties who operate within different legal and political systems, and who rank social priorities quite differently. This dynamic tension between global markets and domestic institutions fuels the debate on corporate governance reform now raging in virtually every region of the world. It also frames the intellectual agenda of the distinguished contributors to this volume, who examine such issues as the possible convergence of corporate governance practices around the world, national variations in the quality of corporate law, and the fiduciary responsibilities corporate managers around the world owe to their shareholders. Among the book's many insights is the contention that "globalization" and "global markets" are misleading terms, because they mask the local quality of much of the activity occurring within those rubrics. Case studies focus on France, Germany, Italy, Japan, Korea, Taiwan, and the transition economies of Eastern Europe.