Entrepreneurship: Business Venturing. Exploring The Effects Of Corporate Governance Mechanisms
Опубликовано на портале: 11-12-2002
2002
Тематический раздел:
This paper attempts to analyze the association between corporate governance - measured
by the exercise of control by larger shareholders and the board of directors- and
corporate entrepreneurship for businesses quoted on the Madrid Stock-Exchange. Under
the hypothesis of management opportunist behavior and being consistent with agency
theory, this paper contrasts the existence of a greater corporate entrepreneurship
when an effective control over the management does not exist, and the executives
are significant shareholders. Thus, the authors examine two sources of influence
on managerial support for corporate entrepreneurship: the firms ownership structure
and its governance system. Their objective was to understand how firm characteristics
-in terms firm corporate governance attributes- influences the decisions about entering
in new businesses or markets.
|

сохранить
[56 КБ]
[56 КБ]
Ключевые слова
См. также:
[Интернет-ресурс]
Oxford Review of Economic Policy.
2003.
No. 19.
P. 335-347.
[Статья]
Industrial and Corporate Change.
2008.
Vol. 17.
No. 1.
P. 1-27.
[Статья]
Rotterdam School of Economics Research Papers.
2002.
ERS-2002-06-F&A.
[Статья]