Corporate Governance Against Recommendations: The Cases of the Strong Executive and the Strong Ownership

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F12%3A00061204" target="_blank" >RIV/00216224:14560/12:00061204 - isvavai.cz</a>

Alternative codes found

RIV/61384399:31160/12:00040143

Result on the web

<a href="http://dx.doi.org/10.7441/joc.2012.03.04" target="_blank" >http://dx.doi.org/10.7441/joc.2012.03.04</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.7441/joc.2012.03.04" target="_blank" >10.7441/joc.2012.03.04</a>

Result language

angličtina

Original language name

Corporate Governance Against Recommendations: The Cases of the Strong Executive and the Strong Ownership

Original language description

There are several basic configurations of corporate governance according to the separation of ownership and control (Jensen?s theory). Effective governance is described as a situation when an owner (or group of owners) keeps the right to ratify and monitor strategic decisions while management has the right to initiate and implement those decisions. There are two particular situations how this recommendation is partially broken and both situations are linked to CEO duality. The first case happens when anowner loses or does not exercise the right to monitor management of the organization and is termed as the strong executive. The second case is called the strong ownership and is distinguished by an owner taking over implementations of the decisions. Thefocus of the study was to explore particularly configurations of the strong executive and the strong governance. A mixed method research design was chosen to explore the differences between the basic governance configurations.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AE - Management, administration and clerical work

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Competitivenes

ISSN

1804-171X

e-ISSN

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Volume of the periodical

4

Issue of the periodical within the volume

3

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

11

Pages from-to

46-57

UT code for WoS article

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EID of the result in the Scopus database

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