Corporate Governance Mechanisms: Their Strengths, Weaknesses and Complementarity

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F19%3A00001524" target="_blank" >RIV/75081431:_____/19:00001524 - isvavai.cz</a>

Výsledek na webu

<a href="http://dx.doi.org/10.1051/shsconf/20196101028" target="_blank" >http://dx.doi.org/10.1051/shsconf/20196101028</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1051/shsconf/20196101028" target="_blank" >10.1051/shsconf/20196101028</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Corporate Governance Mechanisms: Their Strengths, Weaknesses and Complementarity

Popis výsledku v původním jazyce

By corporate governance mechanisms we understand both market and non-market processes, including corporate rules and measures that tackle, internally and externally, two corporate governance problems, i.e. the vertical governance problem that arises between shareholders and managers, and the horizontal governance problem occurring between shareholders themselves. Efficient corporate governance mechanisms, aligning various stakeholder’s interests, help to put the right managers in the right place, providing them at the same time with the right set of incentives and constraints. While some corporate governance mechanisms serving these goals, both internal and external from the corporation perspective, are more efficient in dealing with vertical corporate governance, other solve better horizontal governance issues. The main emphasis of the article is laid on the relative role and limits of market and non-market corporate governance mechanisms solving vertical governance problems as well their complementarity and substitution possibilities. Its method is mainly based on secondary analysis of case studies in corporate governance.

Název v anglickém jazyce

Corporate Governance Mechanisms: Their Strengths, Weaknesses and Complementarity

Popis výsledku anglicky

By corporate governance mechanisms we understand both market and non-market processes, including corporate rules and measures that tackle, internally and externally, two corporate governance problems, i.e. the vertical governance problem that arises between shareholders and managers, and the horizontal governance problem occurring between shareholders themselves. Efficient corporate governance mechanisms, aligning various stakeholder’s interests, help to put the right managers in the right place, providing them at the same time with the right set of incentives and constraints. While some corporate governance mechanisms serving these goals, both internal and external from the corporation perspective, are more efficient in dealing with vertical corporate governance, other solve better horizontal governance issues. The main emphasis of the article is laid on the relative role and limits of market and non-market corporate governance mechanisms solving vertical governance problems as well their complementarity and substitution possibilities. Its method is mainly based on secondary analysis of case studies in corporate governance.

Druh

D - Stať ve sborníku

CEP obor

—

OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Rok uplatnění

2019

Kód důvěrnosti údajů

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

Název statě ve sborníku

Book Series: SHS Web Conferences, vol. 61.: Innovative Economic Symposium 2018 (IES2018): Milestones and Trends of World Economy

ISBN

9782759890637

ISSN

—

e-ISSN

—

Počet stran výsledku

9

Strana od-do

—

Název nakladatele

EDP Sciences

Místo vydání

Les Ulis, France

Místo konání akce

Beijing, PR China

Datum konání akce

8. 11. 2018

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000467727800028