Strategy & Microeconomic Policy eJournal最新文献_第8页

Internal Governance: Management and Organization in the New Economy 内部治理:新经济中的管理与组织

Strategy & Microeconomic Policy eJournal Pub Date : 2011-11-28 DOI: 10.2139/ssrn.1965561

J. Strikwerda

引用次数: 0

About Offers of Securities to the Public 关于向公众发售证券

Strategy & Microeconomic Policy eJournal Pub Date : 2011-11-10 DOI: 10.2139/SSRN.2103089

P. Delport

引用次数: 2

The Theoretical Framework for Corporate Governance 公司治理的理论框架

Strategy & Microeconomic Policy eJournal Pub Date : 2011-10-26 DOI: 10.2139/ssrn.1949615

S. Pande

{"title":"The Theoretical Framework for Corporate Governance","authors":"S. Pande","doi":"10.2139/ssrn.1949615","DOIUrl":"https://doi.org/10.2139/ssrn.1949615","url":null,"abstract":"We lack an encompassing and unifying theory of corporate governance. The most popular theoretical framework, Agency Theory, is proving to be a straight jacket: useful in some contexts but quite limiting, particularly when the underlying assumptions do not hold. The Agency Theory led to the evolution of the Anglo-Saxon model of corporate governance that has become the basis for governance codes around the world including in India. Corporate governance theory has tended to look to this theory to guide the decisions of the board of directors in curbing excessive executive power in the hands of management. While useful for this purpose, the Agency Theory provides limited guidance on corporate governance in real life situations which are far more complex. With the blurring of the roles of the principal and the agent, the currently prevalent governance framework, based on the Agency Theory has become self limiting and ineffective. Efforts to supplement the Agency Theory with alternative theoretical frameworks such as the Stakeholder Theory and the Stewardship Theory have, at times, tended to place the board of directors in conflict with their legal obligations to work in the interests of the shareholders. A governance model based on the concept of Trusteeship, while providing fresh insights, suffers from problems in implementation and remains a goal to aim for. These alternative frameworks have, therefore, not been of much practical use to the board members in helping them to decide what constitutes the “right�? decision. We need new theoretical insights that will take us towards a comprehensive theory of governance. This paper seeks to revisit the discussion on the various theoretical frameworks for corporate governance and suggests that a new and different framework is required as the underlying theory for corporate governance – one that is based on the concept of maximizing the long term strategic value for an organization. Such a framework is based on viewing the ‘organization as an organism’ with its primary focus on the organization’s longevity and growth only.","PeriodicalId":239750,"journal":{"name":"Strategy & Microeconomic Policy eJournal","volume":"34 4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134345961","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

Alignment in Organisations: Does an Interpretative Perspective Lead to a Better Understanding of the Subject? 组织中的一致性:解释性视角是否有助于更好地理解主题?

Strategy & Microeconomic Policy eJournal Pub Date : 2011-10-25 DOI: 10.2139/ssrn.1956687

R. Blomme, Annamaria Beasley-Suffolk

引用次数: 2

Firm/Market Equivalency: Determinants and Effects on Industry Dynamics 企业/市场等价性:产业动态的决定因素和影响

Strategy & Microeconomic Policy eJournal Pub Date : 2011-10-18 DOI: 10.2139/ssrn.1945776

Denis Lescop, Elena Lescop

引用次数: 2

The Corporation as Social Contract 公司作为社会契约

Strategy & Microeconomic Policy eJournal Pub Date : 2011-10-07 DOI: 10.2139/ssrn.1940396

M. Kaptein, Johan F. Wempe

引用次数: 2

State Poison Pill Endorsement Statutes and the Market for Corporate Control 国家毒丸背书法规与公司控制市场

Strategy & Microeconomic Policy eJournal Pub Date : 2011-10-03 DOI: 10.2139/ssrn.1938367

Esteban L. Afonso

引用次数: 4

Staying Ahead of and Profiting from Environmental Regulatory Uncertainty: Integrated Strategies for Competitive Advantage 在环境监管的不确定性中保持领先并从中获利:竞争优势的综合战略

Strategy & Microeconomic Policy eJournal Pub Date : 2011-08-25 DOI: 10.2139/SSRN.1905789

Adam R. Fremeth, Brian K. Richter

{"title":"Staying Ahead of and Profiting from Environmental Regulatory Uncertainty: Integrated Strategies for Competitive Advantage","authors":"Adam R. Fremeth, Brian K. Richter","doi":"10.2139/SSRN.1905789","DOIUrl":"https://doi.org/10.2139/SSRN.1905789","url":null,"abstract":"We offer two integrated strategies managers can use in the face of regulatory uncertainty vis-a-vis the natural environment. As integrated strategies, they both recognize non-market forces while taking into account market realities. Advocating for Pragmatic, Progressive Policy enables firms to shape future policy around existing environmental strengths; this strategy tips the scale towards a winning position by raising competitors’ costs when competitors have yet to develop identical competencies. Systematically Embracing Advancing Regulation enables firms to satisfy activists who would place pressure on policymakers to force firms to conform to higher environmental standards in other jurisdictions; this strategy tips the scale towards a winning position by allowing managers to adapt to coming regulation at their own pace while leveraging market competencies. We begin by presenting a brief framework that assembles the building blocks necessary to justify when, how, and why our strategies reduce vulnerabilities to regulatory uncertainty. We then present four case studies that highlight how some firms have implemented these strategies. In the analysis of these cases, we illustrate the conditions under which some have been successful at mitigating regulatory uncertainty and some have not.","PeriodicalId":239750,"journal":{"name":"Strategy & Microeconomic Policy eJournal","volume":"53 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122524741","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Towards a Superior Management Model at Work 迈向卓越的工作管理模式

Strategy & Microeconomic Policy eJournal Pub Date : 2011-08-21 DOI: 10.2139/ssrn.1913809

S. Dutta

引用次数: 0

A Perspective View on Knowledge Management with Business Strategy 企业战略下的知识管理透视

Strategy & Microeconomic Policy eJournal Pub Date : 2011-08-13 DOI: 10.2139/ssrn.1909184

Dr. Ramani Gopal Chandrasekaran

{"title":"A Perspective View on Knowledge Management with Business Strategy","authors":"Dr. Ramani Gopal Chandrasekaran","doi":"10.2139/ssrn.1909184","DOIUrl":"https://doi.org/10.2139/ssrn.1909184","url":null,"abstract":"Knowledge Management is an emerging term currently used in organizations which recognize the need to make more effective use of their human and IT resources. The relationship between the strategic direction of a business and its strategic approach to knowledge management, assumes that there exists collective organizational knowledge that can be managed to encourage the realization of business goals. The strategic approach to organizational knowledge management will no doubt include the management knowledge at the levels of individual’s boundary from customers, suppliers and competitors. However, as business strategy is usual driven from the senor organizational executive, this paper will focus on knowledge management from a strategic organizational perspective. Knowledge Management and Business strategy must drive each other with balance. Since creativity with strategy is called good design, establish a link between them. While devising this link and using it as a basis for Knowledge Management System, some points need attention, i.e. Any effective Knowledge Management strategy should starts with a vision. Knowledge drives strategy and Strategy drives Knowledge Management. By preparing a series of well defined iterative steps, interpret it into low level strategic steps and Knowledge Management system functionalities. After identifying the key characteristics that are needed in a Knowledge Management system, it should be aligned successfully with business strategy.","PeriodicalId":239750,"journal":{"name":"Strategy & Microeconomic Policy eJournal","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126502337","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0