Institutions of corporate governance
Article Abstract:
Corporate goverance in Germany, Japan and the US can be compared, with insights from a broad overview of the topic, and from recent research. Firms aim to be economically efficient, and firms have too offer investors expected returns in order to attract them to purchase equity. Corporate governance is one way that stockholders are protected, and it helps to cut agency costs, or costs that arise when managers seek to further their own interests rather than those of stockholders.
Publication Name: Journal of Institutional & Theoretical Economics
Subject: Economics
ISSN: 0932-4569
Year: 1999
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On clusters, hybrids, and other strange forms: the case of the French poultry industry
Article Abstract:
Recent research has used a study of the French poultry industry to assess properties of governance structures known as 'hybrid forms.' These can include networks among companies and interfirm contracting, and are neither markets nor hierarchies. The research has included a study of the governance structure of the LA-BEL system in the French poultry industry, and has used this to discuss issues relating to the coexistence of different organisational structures.
Publication Name: Journal of Institutional & Theoretical Economics
Subject: Economics
ISSN: 0932-4569
Year: 1996
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The cognitive turn in institutional analysis: beyond NIE and NIS?
Article Abstract:
Socio-economic analysis has not established theory to study institutional profiles within the institutes New Institutional Economics (NIE) and New Institutional Sociology. NIE considers cognitive psychology whereas NIS does not. Institutional analysis practices are deemed to be inadequate because they do not incorporate cognitive theory.
Publication Name: Journal of Institutional & Theoretical Economics
Subject: Economics
ISSN: 0932-4569
Year: 1998
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