Contests for Corporate Control
Corporate Governance and Economic Performance in the United States and Germany
- Publisher's listprice GBP 142.50
-
64 338 Ft (61 275 Ft + 5% VAT)
The price is estimated because at the time of ordering we do not know what conversion rates will apply to HUF / product currency when the book arrives. In case HUF is weaker, the price increases slightly, in case HUF is stronger, the price goes lower slightly.
- Discount 10% (cc. 6 434 Ft off)
- Discounted price 57 905 Ft (55 148 Ft + 5% VAT)
Subcribe now and take benefit of a favourable price.
Subscribe
64 338 Ft
Availability
printed on demand
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Publisher OUP Oxford
- Date of Publication 20 April 2000
- ISBN 9780198293460
- Binding Hardback
- No. of pages346 pages
- Size 242x163x24 mm
- Weight 653 g
- Language English
- Illustrations 8 black and white figures 0
Categories
Short description:
A challenging and informed examination of the links between the general business environment and the operations, decisions, and organizations of firms. O'Sullivan explores the links between the two 'hot' issues?corporate governance and innovation?.
MoreLong description:
During the 1990s, corporate governance became a hot issue in all of the advanced economies. For decades, major business corporations had reinvested earnings and developed long-term relations with their labour forces as they expanded the scale and scope of their operations. As a result, these corporations had made themselves central to resource allocation and economic performance in the national economies in which they had evolved. Then, beginning in the 1980s and picking up momentum in the 1990s, came the contests for corporate control. Previously silent stockholders, now empowered by institutional investors, demanded that corporations be run to 'maximize shareholder value'.
In this highly original book, Mary O'Sullivan provides a critical analysis of the theoretical foundations for this principle of corporate governance and for the alternative perspective that corporations should be run in the interests of 'stakeholders'. She embeds her arguments on the relation between corporate governance and economic performance in historical accounts of the dynamics of corporate growth in the United States and Germany over the course of the twentieth century. O'Sullivan explains the emergence?and consequences?of 'maximizing shareholder value' as a principle of corporate governance in the United States over the past two decades, and provides unique insights into the contests for corporate control that have unfolded in Germany over the past few years.
"...this book, based on detailed historical research in both countries, represents a powerful challenge to current orthodoxy. It also has the great merit of focusing attention on questions that really matter. Her answers should give admirers of American capitalism pause for thought." Geoffrey Owen, Financial Times, 14 June 2000.
Table of Contents:
Introduction
Chapter 1: Innovation, Resource Allocation, and Governance
Chapter 2: Transforming the Debates on Corporate Governance
Chapter 3: The Foundations of Managerial Control in the United States
Chapter 4: The Post-War Evolution of Managerial Control in the United States
Chapter 5: Challenges to Post-War Managerial Control in the US
Chapter 6: US Corporate Responses to New Challenges
Chapter 7: From Managerial to Contested Control in Germany
Chapter 8: The Emerging Challenges to Organizational Control in Germany
Conclusion
