Rhenish Capitalism

Rhenish Capitalism PDF Author: Christian Marx
Publisher: Routledge
ISBN: 1000540707
Category : Business & Economics
Languages : en
Pages : 239

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Book Description
Rhenish capitalism is an ideal-typical model of capitalism which is characterised by a bank-centered financing system, close economic ties between banks and companies, a balance of power between shareholders and management, and a social partnership between unions and employers. The West German economy of the 1950s to the 1980s is the prime example of that model of capitalism which contrasts with the liberal Anglo-Saxon forms of capitalism. In accordance with recent debates about Varieties of Capitalism, the authors argue that research on capitalism should pay more attention to change over time. The book also claims to put the firm into the centre of analysis. The empirical contributions uncover the differences between French and German corporate governance practices comparing two European automobile producers (VW and Renault), analyse legal debates and practices of corporate control in post-war Germany, show the tension between national corporate governance and increasing internationalisation by reference to four major West German producers of chemicals, pharmaceuticals and fibres; and explore the opportunities encountered by German big banks vis-à-vis their customers from big industry. Furthermore, they show that coordinating culture in the supply relationship of the German automobile industry came under pressure at the end of the boom and stress the importance of communication processes as a basis for interest coordination in Rhenish capitalism. The chapters in this book were originally published as a special issue of the journal Business History.

Rhenish Capitalism

Rhenish Capitalism PDF Author: Christian Marx
Publisher: Routledge
ISBN: 1000540707
Category : Business & Economics
Languages : en
Pages : 239

Get Book Here

Book Description
Rhenish capitalism is an ideal-typical model of capitalism which is characterised by a bank-centered financing system, close economic ties between banks and companies, a balance of power between shareholders and management, and a social partnership between unions and employers. The West German economy of the 1950s to the 1980s is the prime example of that model of capitalism which contrasts with the liberal Anglo-Saxon forms of capitalism. In accordance with recent debates about Varieties of Capitalism, the authors argue that research on capitalism should pay more attention to change over time. The book also claims to put the firm into the centre of analysis. The empirical contributions uncover the differences between French and German corporate governance practices comparing two European automobile producers (VW and Renault), analyse legal debates and practices of corporate control in post-war Germany, show the tension between national corporate governance and increasing internationalisation by reference to four major West German producers of chemicals, pharmaceuticals and fibres; and explore the opportunities encountered by German big banks vis-à-vis their customers from big industry. Furthermore, they show that coordinating culture in the supply relationship of the German automobile industry came under pressure at the end of the boom and stress the importance of communication processes as a basis for interest coordination in Rhenish capitalism. The chapters in this book were originally published as a special issue of the journal Business History.

Stakeholding and the New International Order

Stakeholding and the New International Order PDF Author: Stella Maile
Publisher: Taylor & Francis
ISBN: 104028261X
Category : Political Science
Languages : en
Pages : 298

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Book Description
Title first published in 2003. This invaluable book provides the first definitive critical introduction to the concept of stakeholding and its implications for policy and practice of key players in the new global order. Braddon and Maile take an interdisciplinary approach with particular emphasis upon the political economy of stakeholding which has become the major managerial and political motif of the 1990s.

Corporate Governance Models

Corporate Governance Models PDF Author: Marco Mastrodascio
Publisher: Routledge
ISBN: 1000530094
Category : Business & Economics
Languages : en
Pages : 82

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Book Description
The activities carried out in a business organization stem from the contribution of subjects who cooperate in the expectation of obtaining adequate rewards. The ability of organisations to reach a specific level of performance is influenced by the ownership structure, while the management is directed and controlled through a set of rules and incentives. This set regulates the distribution of rights and responsibilities among the board, company management and stakeholders, and it defines the corporate governance model adopted by the organization. The collapse of global organisations across the world have undoubtedly revealed the inherent flaws in the contemporary corporate governance practices. As a result of these international scandals, a great deal of multidisciplinary research has been growing restlessly to define the specificities of each corporate governance model, however, lacking a specific investigation into the presumed existence of the most suitable one. By favouring the synthesis and the inductive procedure, this book analyses the potential existence of the most appropriate corporate governance model based on comparative international analysis of cultural, social and economic factors influencing the organization’s choice regarding the corporate governance model to be adopted. This volume will be of interest to researchers, academics, professionals and students in the fields of corporate governance, international business and law.

What Drives Global Capital Flows?

What Drives Global Capital Flows? PDF Author: B. Brown
Publisher: Springer
ISBN: 0230627293
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
Capital flows from Asia into the US challenge many assumptions of international financial analysis. This book presents a novel geography of these flows, revealing their driving forces and assessing the market mechanisms necessary for a smooth global flow of funds. It is essential for all those interested in international finance.

The Holocaust and the German Elite

The Holocaust and the German Elite PDF Author: Rainer C. Baum
Publisher: Routledge
ISBN: 1000458490
Category : History
Languages : en
Pages : 358

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Book Description
This book, first published in 1981, is a study of the social and political sources of amoral political rule in modern times. Only a moral indifference unparalleled in history made the Holocaust possible, and by linking the German imperial ambitions to the meaningless suffering and death in the concentration camps, the true significance of the Holocaust is revealed in all its horror. Understanding this requires an understanding of the social forces that produced a national amorality among Germany’s elites. The author suggests three contributive causes: a marked ambiguity among Germans in their attitude towards social values; the development of a cadre characterized by status insecurity; and an inability to resolve internal conflict.

International Standardisation of Good Corporate Governance

International Standardisation of Good Corporate Governance PDF Author: L. van den Berghe
Publisher: Springer Science & Business Media
ISBN: 9780792384328
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
In International Standardisation of Good Corporate Governance - Best Practices for the Board of Directors the Academy of Directors (AoD) presents a multidisciplinary approach for the governance of a company. The AoD also aims to use the interaction between the academic and the business world to change the environment in which companies work. This task is realised in different ways: by conducting applied scientific research, creating a large pool of professional experience and networking within the AoD, confronting these research results with the practical experience of the members, publishing these results, and organising training programmes. The AoD therefore collaborates very closely with the academic world. The Vlerick School of Management was the co-founder of the AoD, together with a great number of national and international business partners. The foundation of the AoD goes back to the initiative of its president, Mr. L.H. Verbeke (Loeff Claeys Verbeke). He was convinced that the increasing international interest in corporate governance would also affect Belgian companies, but that there was a need for an `indigenous coherent' view of corporate governance. Being at the cross-roads of different cultures and languages and at the same time being a very open economy, Belgium could not simply copy another country's code on good corporate governance. Therefore the initiative was taken to set up a broad international overview of the best practices for the board of directors, which is presented in this volume. This analysis is not only oriented towards the `famous' codes but aims to highlight as well the practical applications and problems faced in implementing these suggestions. Consequently special attention is given to the best practices for family businesses and medium-sized companies.

Innovation in Local Economies

Innovation in Local Economies PDF Author: Colin Crouch
Publisher: OUP Oxford
ISBN: 0191564206
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
The study of varieties of capitalism is moving on from the analysis of static national types to embrace local and sectoral diversity and the study of systems in the process of major change. This volume addresses the issue by examining four localised sectors, comparing a German case with one in another European country. The general changes taking place in Germany itself and the other countries (Hungary, Sweden, and the UK) form the context of the studies. The case studies concern: * Furniture making in North-Rhine Westphalia and southern Sweden, * Automotive manufacture in east Germany and northern Hungary, * Biotechnology around Munich and Cambridge, * TV programme and film-making in Cologne and central London. The studies find a complex pattern of conformity with, and deviation from, national types, but only occasional examples of where divergence takes the form of a direct confrontation with a national model. This is partly because national models are themselves changing; partly because they are often capable of accommodating more diversity than is often assumed by national studies; and partly because firms are increasingly able to reach outside their national boundaries for institutional resources.

The Social Market Economy

The Social Market Economy PDF Author: Peter Koslowski
Publisher: Springer Science & Business Media
ISBN: 364272129X
Category : Business & Economics
Languages : en
Pages : 367

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Book Description
The social market economy forms a fundamental theory of the market economy and an integrated economic and ethical theory of the economic order in which the political and societal conditions for the working of the market are included in the theory of the market economy. The social market economy is presented as a universal theory of the decisions to be made about the economic order in all cultures and is analysed in its basic theoretical foundations and in its application to the transition process from the planned to the market economy, particulary in the privatisation of socialised property in Russia and former East Germany. Leading German and Russian experts in the field as well as four classical texts present a systematic analysis of the social market economy from the point of view of economics, law, and ethics.

Political Power and Corporate Control

Political Power and Corporate Control PDF Author: Peter A. Gourevitch
Publisher: Princeton University Press
ISBN: 1400837014
Category : Business & Economics
Languages : en
Pages : 365

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Book Description
Why does corporate governance--front page news with the collapse of Enron, WorldCom, and Parmalat--vary so dramatically around the world? This book explains how politics shapes corporate governance--how managers, shareholders, and workers jockey for advantage in setting the rules by which companies are run, and for whom they are run. It combines a clear theoretical model on this political interaction, with statistical evidence from thirty-nine countries of Europe, Asia, Africa, and North and South America and detailed narratives of country cases. This book differs sharply from most treatments by explaining differences in minority shareholder protections and ownership concentration among countries in terms of the interaction of economic preferences and political institutions. It explores in particular the crucial role of pension plans and financial intermediaries in shaping political preferences for different rules of corporate governance. The countries examined sort into two distinct groups: diffuse shareholding by external investors who pick a board that monitors the managers, and concentrated blockholding by insiders who monitor managers directly. Examining the political coalitions that form among or across management, owners, and workers, the authors find that certain coalitions encourage policies that promote diffuse shareholding, while other coalitions yield blockholding-oriented policies. Political institutions influence the probability of one coalition defeating another.

Principles of Management

Principles of Management PDF Author: Tony Morden
Publisher: Routledge
ISBN: 1351908952
Category : Business & Economics
Languages : en
Pages : 383

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Book Description
An established work, the second edition of Principles of Management offers the reader insight and analysis of the principles, processes and practice of management and leadership. Covering private, public, and not-for-profit sectors, the book also takes an international approach, with a dedicated section on globalised processes and styles of management. The content is broken down into accessible sections to provide a clear and user-friendly book. Written to meet the criteria of practicality and professionality, the book is relevant and useful with an emphasis on capability, usability, decision and resolution; "fix"; and an orientation towards implementation.