Download or read book Corporate Governance and the Symbolic Management of Stakeholders written by Peer C. Fiss and published by . This book was released on 2003 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This research examines the processes by which corporate governance models diffuse across institutional environments. So far, the dominant view of such diffusion processes uses a legal-economic framework and an efficient-choice perspective predicting convergence on a "standard model" of corporate governance. In contrast, I develop a socio-political model of diffusion that stresses the cultural embeddedness of diffusing ideas. Drawing on the literature on the diffusion of practices among organizations and on the growing literature on symbolic management, I argue that the diffusion of governance models is not a smooth transfer of efficient practices because governance models embody normative claims and therefore are subject to contest and conflict. As a result, governance models do not go through the diffusion process unchanged but are subject to adaptation and re-invention as local actors engage in contests over their meaning and applicability. I furthermore suggest that implementation is often incomplete and superficial as surface compliance with an institutional model is substituted for "deep" compliance. I test these arguments by examining the spread of a shareholder value orientation (SVO) in Germany, using a longitudinal dataset that incorporates social, financial, and demographic variables for the 100 largest German corporations over the last 10 years.

Download or read book Symbolic Management written by James Westphal and published by Oxford University Press, USA. This book was released on 2020-01-30 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of symbolic management reveals a pervasive pattern of 'symbolic decoupling' - a separation between appearances and reality - at every level of the governance system. At each level the processes of governance are less efficient or effective than they appear; from interpersonal relations within organizations such as those between CEOs and directors, top managers and lower-level employees, to relations between firm leaders and external stakeholders such as journalists and security analysts. There is even a separation between appearances and reality at the level of the governance system itself. In this book, James Westphal and Sun Hyun Park develop symbolic management into a major theoretical perspective on governance. Not only does symbolic management provide a compelling behavioral alternative to economic perspectives such as agency theory, but it subsumes economic theory. Agency theory is reconceived as a historically contingent institutional logic that became taken for granted among corporate stakeholders for a period of time and eventually replaced by a new logic of governance. Through a body of extensive empirical research Westphal and Park demonstrate how the symbolic management activities of firm leaders have contributed to this historical shift in prevailing logics of governance, and present a warning to regulators, investors, and the general public.

Download or read book The Nature of Corporate Governance written by Janet Dine and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a thoughtful inquiry into the nature and rationale of corporate governance. The authors address fundamental questions including; What is the balance between ownership and control?; For whose interests should the company be run?; What is the institutional balance between shareholders, directors and other potential stakeholders, including the economy? Professor Dine and Dr Koutsias consider how these issues are dealt with by the jurisprudence of three major and greatly influential jurisdictions; the USA, the UK, and Germany, and also reflect on why and how the current corporate governance context in some states is defined by social, political and historical developments. The authors argue that corporate governance is crucial for the identity of each country. What is revealed in the work is that when national corporate governance is thriving it allows space for democracy to flourish. Corporate governance scholars, policy makers, LLM and LLB students of company law and corporate governance, NGOs involving issues of inequality, poverty and democracy will find this important book an insightful resource.

Download or read book Symbolic Management written by James Westphal and published by Oxford University Press. This book was released on 2020-04-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theory of symbolic management reveals a pervasive pattern of 'symbolic decoupling' - a separation between appearances and reality - at every level of the governance system. At each level the processes of governance are less efficient or effective than they appear; from interpersonal relations within organizations such as those between CEOs and directors, top managers and lower-level employees, to relations between firm leaders and external stakeholders such as journalists and security analysts. There is even a separation between appearances and reality at the level of the governance system itself. In this book, James Westphal and Sun Hyun Park develop symbolic management into a major theoretical perspective on governance. Not only does symbolic management provide a compelling behavioral alternative to economic perspectives such as agency theory, but it subsumes economic theory. Agency theory is reconceived as a historically contingent institutional logic that became taken for granted among corporate stakeholders for a period of time and eventually replaced by a new logic of governance. Through a body of extensive empirical research Westphal and Park demonstrate how the symbolic management activities of firm leaders have contributed to this historical shift in prevailing logics of governance, and present a warning to regulators, investors, and the general public.

Download or read book Speaking Out on Governance written by Deborah Hicks Midanek and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-05-18 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: Speaking Out on Governance presents a range of viewpoints concerning the role of today’s corporation and its board of directors. The author engages in candid discussion with subject matter experts including boardmembers, corporate attorneys, academics, institutional investors, regulators, and activists. These interviews of leading authorities in the corporate governance arena provide the reader with unique insight into the vitally important but often misunderstood role played by the board. Deborah Hicks Midanek discusses perspectives regarding what directors of businesses actually do and should do; the true motivations and concerns of the various parties seeking to influence corporate behavior; legal issues surrounding the board; and the key similarities and differences of opinion that may help improve effectiveness of all parties and increase board and director effectiveness. This book is essential reading for corporate directors and would-be directors, senior managers, attorneys, consultants and anyone interested in what drives organizational behavior.

Download or read book Corporate Governance and Strategic Decision Making written by Lawrence Emeagwali and published by BoD – Books on Demand. This book was released on 2017-09-20 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume aims to intimate and orient readers on the current state of corporate governance and strategic decision making a decade after the global financial crises. In particular, it sheds more light on the current state of affairs of corporate governance mechanisms, codes, and their enforcement as well as novel issues arising. The ten constituent chapters contained herein are authored by seasoned academics with research interests in the areas of corporate governance, strategic management, and sustainable management practices. It provides up-to-date theoretical and empirical evidence of such corporate governance issues as corporate governance codes, corporate fraud, quality of earnings, strategic decision making, corporate social responsibility, sustainable management, and sustainable growth strategies. Irrespective of the diverse nature and span of the topics included, this edited volume is divided into three sections and structured to read as a unit.

Download or read book An International Comparison of Corporate Governance Models written by Gregory Francesco Maassen and published by Gregory Maassen. This book was released on 1999 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance Organization Life Cycle written by and published by Cambria Press. This book was released on with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Corporate Governance written by Ulrich Steger and published by John Wiley & Sons. This book was released on 2008-08-04 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book present the value school of corporate governance,outlining a multitude of areas where corporate governance could addreal worth, and showing how this can be put into effect. No “one-size-fits-all” model emerges as a solution.Rather, the insights in this book take idiosyncrasies and dynamicsover time into consideration. They consider the main issues andtheir real causes, ownership settings, country settings and newdevelopments in corporate governance research and practice. International focus places emphasises on typical patterns,predicament and solutions instead of national laws. Points are illustrated with in-depth case studies andhighlighted learning nuggets. Alerts the reader to typical dilemmas and traps in attainingthe goal of value creation, whilst also pointing to promisingavenues forward.

Download or read book Global Stakeholder Relationships Governance written by M. Falconi and published by Springer. This book was released on 2013-12-03 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: By arguing and detailing the elements of a soft and hard infrastructure approach to the process of global stakeholder relationships governance, this study integrates advanced, flexible and feasible tools to develop an organization's listening culture; integrated reporting as an ongoing process of continued multi-stakeholder reporting.

Download or read book Stakeholders Governance and Responsibility written by Shahla Seifi and published by Emerald Group Publishing. This book was released on 2018-09-14 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book re-examines the relationships between stakeholders, governance and corporate social responsibility. It address different aspects of these relationships from a wide international and interdisciplinary perspective.

Download or read book Responsible Leadership in Corporate Governance written by Monique Cikaliuk and published by Taylor & Francis. This book was released on 2022-10-31 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Responsibly led boards of directors make it possible for modern companies to survive and prosper under conditions of change. Despite the importance of boards of directors, their activities are often lionised or vilified by shareholders and stakeholders which obscures how boards enact responsible leadership. Responsible Leadership in Corporate Governance: An Integrative Approach introduces an integrative model of responsible leadership in governance that positions the board as a nexus of all corporate participants. In this model, responsibly led boards seek to make decisions in the best interests of the modern company as an entity that operates in a dynamic business environment. This book provides a timely focus on in-depth cases of board led responsible leadership. Examining boards of directors in listed companies, state-owned enterprises, and private companies, the book connects insights from corporate governance and leadership to behaviours that affect boards’ relationships with shareholders and stakeholders. In addition, these insights underscore key requirements and challenges of responsible leadership in governance: from the importance of purpose and the crucial role of value creation to the difficulties of ownership transition and accountability. Far-sighted and experienced-based, this book will not only help students connect to real world situations but also will benefit those that interact with and support boards of directors.

Download or read book Corporate Governance written by C. V. Baxi and published by . This book was released on 2007 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate Governance is about the legal, social and institutional arrangements which provide a broad framework for control and direction of corporate affairs. It involves a set of relationships amongst and between various groups of participants of factor and product markets such as owners, managers, shareholders and several groups of stakeholders. Corporate governance is about the exercise of corporate power which entails decisions on a variety of a company's products and services having long-term ramifications for the economy and society. Worldwide governments' stock exchanges and the regulators have developed guidelines and rules for the conduct of corporate affairs. In most countries legal reforms have been undertaking and appropriate institutions for enforcement have been introduced. In India the SEBI has been in power to develop policies and programs for improving corporate governance process. This book deals with the concepts and practices of corporate governance, as they evolve from time to time and also includes references of research carried out in other countries.

Download or read book Corporate Governance written by Sankatha Singh and published by Excel Books India. This book was released on 2005 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subject Corporate Governance:Global Concepts and Practices has occupied centre- stage, particularly since the early 1990s in U.K., USA, rest of Europe, Canada, Japan, India and many other developing countries of the world. The present volume is essentially a comprehensive textbook, focusing on both concepts and corporate governance practices. Even before the Enron collapse and several other kingsize scandals, there has been a steadily mounting volume of complaints regarding the dismal state of governance in most large corporates across the globe, mostly relating to accounting irregularities and top dressing of financial results, almost universally perpetrated at the behest of the Company Chairman & CEO himself. Keeping the above ground realities in view, the present volume is intended to be a standard reference as well as textbook on the varied facets of corporate governance. The book has six distinct parts, containing in all as many as twenty-eight interrelated chapters.The first part deals with subjects like business environment, business ethics and social responsibilities, management of a firm, etc., while the second part is concerned with the theory of firm, its objectives, accounting standards and creative accounting practices. Part Three of the book dwells at length on the working of the company board, board committees, need for whistle blowing, corporate governance rating and need for separation of the positions of Chairman and CEO. Part Four presents summary recommendations of five Indian Committees on corporate governance in chronological order. These are (i) CII Committee (1998), (ii) Ist SEBI Committee (1999), (iii) Ganguly Committee-RBI (2002); (iv) Naresh Chandra Committee (2002) and (v) 2nd SEBI Committee (2003). Part Five contains six chapters comprising as many live cases on accounting scams. The sixth part of the book contains governance reports of three world class companies from India, viz., Infosys Technologies Ltd., Wipro, and Reliance Industries Ltd.

Download or read book Critical Friends written by Maya Forstater and published by . This book was released on 2007 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Challenges in Implementing Corporate Governance written by John Zinkin and published by John Wiley & Sons. This book was released on 2011-11-08 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: "John Zinkin's new book on Challenges in Implementing Corporate Governance is a welcome addition for board members and senior management on how to improve corporate governance in the post-crisis period. John correctly identifies that most boards on underperforming companies have three elements of failure: a lack of proper understanding of the business and its strategy; a total lack of appreciation of both the strategic and systemic risks created by new product markets; and a total failure by boards to ensure that the incentive structures for top management reflect long-term needs rather than short-term profits, thereby putting the company's future at risk. John has written a useful and practical handbook that is a must read for all board members on how to improve corporate governance." —Datuk Seri Panglima Andrew Sheng, Chief Adviser, China Banking Regulatory Commission and the Boards of the Qatar Financial Centre Regulatory Authority , Sime Darby Berhad and Khazanah Nasional "This timely book will interest those wanting to improve corporate governance and risk management. It should also appeal to anyone curious about what caused banks to fail in a number of markets in recent times, and the values which led to this failure. In considering principles which are essential to good governance, ACCA recognizes that corporate governance evolves and improves over time. We accept that organizations in different sectors and across the world operate in diverse environments in terms of culture, regulation, legislation and enforcement. What is appropriate, in terms of governance, for one type of organization will not be appropriate to all organizations. John Zinkin’s book seeks to address this challenge, analyzing the essential cultural and behavioral issues which sit at the heart of the challenges." —Paul Moxey, Head of Risk Management and Corporate Governance, Association of Chartered Certified Accountants "A scholarly combination of practical guidelines and strategic vision." —Lady Sylvia Jay CBE, Vice-Chairman, L'Oreal UK; Independent Director, Alcatel-Lucent, Compagnie de Saint Gobain, Lazard Limited and Carrefour "This is a highly topical and timely publication. Globally, the crisis that has gripped the financial services sector following the failure of well known global banks in recent years has focused attention on corporate governance. To restore confidence in the financial services sector is a long-term goal and effective corporate governance, together with the closely associated topic of risk management, has gripped not only governments and banks, but the public too. In this book, John Zinkin clearly asserts that financial institutions need to exert their responsibilities beyond their shareholders and far more into the wider group of stakeholders, including employees and wider society. In considering issues globally, John provides a book that is not only thought-provoking but pragmatic and useful at a time when stakeholders in our banks need to see real change in transparent, practical ways from those charged with governing our banks." —Ruth Martin, Managing Director, The Chartered Institute of Securities and Investment

Download or read book Beyond Governance written by Martin Fahy and published by John Wiley & Sons. This book was released on 2005-04-08 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following a series of corporate scandals, legislators have company executives in their sights, and are arming themselves with ever-greater regulatory firepower. All agree that good governance is essential - but must not be allowed to stifle business performance. Beyond Governance develops the concept of Enterprise Governance, an emerging framework which unites Performance, Conformance and Corporate Responsibility and shows how addressing all of these areas in a concerted, coordinated fashion will deliver value to the organisation and its stakeholders. In particular, it focuses on the skills, processes and systems that are required to deliver excellence in each of these areas, giving readers a practical insight into the issues and an understanding of best practice in each area. Many firms are rethinking their finance activities in the light of e-commerce, shared service centres, business intelligence technology and cost pressures. Beyond Governance explores the challenge of building a modern, flexible finance function, describing the emerging role of the new CFO and how finance professionals should respond to this new business environment.