In the debate on the varieties of capitalism, most attention is given to large corporations. If listed on capital markets, they are not only a preferred target of new actors and rules, but are also perceived as a driving force for institutional change and globalization. Most, if not all, institutional features of the distinct versions of capitalism have been analyzed only with regard to this type of enterprise. This book takes the view that European capitalism cannot be understood without taking small and medium-sized enterprises (SMEs) into account. It argues that the neglect of size differences of firms in various literature has led to shortfalls in understanding the institutional framework and has obscured an important area of institutional and corporate change. This volume employs a comparative perspective to explore the impact of the institutional and structural changes on corporate governance, management culture, and social relationships in SMEs in different European countries.
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An exploration into the effects of global change on corporate governance, management culture, competitive strategies and labour relations in SMEs in different European countries.
This book offers an exploration into the effects of global change on corporate governance, management culture, competitive strategies and labour relations in SMEs in different European countries. A key contribution to the varieties of capitalism debate, this book is international in scope and takes an interdisciplinary approach. It includes case studies from several European countries and provides valuable background information to better understand the world of SMEs.Most research on institutional features of distinct varieties of capitalism in Europe has analyzed only large corporations. This volume explores the impact of the institutional and structural changes on corporate governance, management culture, and social relationships in small and medium sized enterprises in different European countries.
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