Ownership and Governance of Enterprises: Recent Innovative Developments (Studies in Development Economics and Policy) - Hardcover

Sun, Laixiang

Hardcover

ISBN 10: 1403916330 ISBN 13: 9781403916334

Publisher: Palgrave Macmillan, 2003

Synopsis

Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This volume examines five types of unorthodox ownership and governance form emerging in the industrial sector across major economies. It analyzes two cases to demonstrate that there are alternative ways to harden budget constraints of state-owned enterprises. It investigates the driving forces behind these evolving dynamics and explores policy implications for developing and transition economies.

About this title

About the Author

ELISABETTA BERTERO Lecturer in the Department of Accounting and Finance, London School of Economics, UK JOSEPH BLASI Professor in the School of Management and Labour Relations, Rutger University STUART L. GILLAN Assistant Professor in the Department of Finance, University of Delaware, USA DOUGLAS L. KRUSE Professor in the School of Management and Labour Relations, Rutger University LAURA RONDI Senior Researcher for the Italian National Research Council, Economic Research Centre on Firms and Growth JAMES C. SESIL Assistant Professor in the School of Management and Labour Relations, Rutger University STEPHEN C. SMITH Professor in the Department of Economics, George Washington University, USA LAURA T. STARKS Charles E. and Sarach M. Seay Regents Chair in Finance, George Washington University, USA HIROKAZU TAKIZAWA Associate Professor, Faculty of Economics, Toyo University, and Faculty Fellow at the Research Institute of Economy, Trade and Industry, Tokyo, Japan

Edition details

• Publisher: Palgrave Macmillan
• Publication date: 2003
• Language: English
• ISBN 10: 1403916330
• ISBN 13: 9781403916334
• Binding: Hardcover
• Number of pages: 275