Theories Of Corporate Governance

Governance-Led Corporate Performance explores the corporate governance system for developing economies, and provides a comprehensive analysis of the relationship between ownership structure, board composition, director multiplicity and CEO duality in relation to corporate performance.

A detailed look at the importance of corporate governance in today's business world The importance of corporate governance became dramatically clear at the beginning of the twenty-first century as a series of corporate meltdowns from managerial fraud, misconduct, and negligence caused a massive loss of shareholder wealth. As part of the Robert W. Kolb Series in Finance, this book provides a comprehensive view of the shareholder-manager relationship and examines the current state of governance mechanisms in mitigating the principal-agent conflict. This book also offers informed suggestions and predictions about the future direction of corporate governance. Relies on recent research findings to provide guidance through the maze of theories and concepts Uses a structured approach to put corporate governance in perspective Addresses essential issues related to corporate governance including the idea of principal-agent conflict, role of the board of directors, executive compensation, corporate monitoring, proxy contests and corporate takeovers, and regulatory intervention Corporate governance is an essential part of mainstream finance. If you need to gain a better understanding of this topic, look no further than this book.

What is the reason for the existence of a firm? Why can some firms generate competitive advantages based on social capital, and others cannot? What are the underlying reasons for the opportunistic behaviors that drive firms to bankruptcy as in the case of Lehman Brothers? These kinds of questions have a common answer: corporate governance. These kinds of questions are the starting point in my research about corporate governance phenomenon. In order to find the answers to these kinds of questions, I have read many articles and books related to corporate governance. The more I have read about this phenomenon the more I have realized that I have been dealing with a complex conundrum (i.e. corporate governance). In other words, I have realized that scholars approach corporate governance phenomenon from different perspectives. Thus, all of these scholars define different aspects of this conundrum. At that point, I have realized that I have to find the common points of these theories in order to constitute a coherent model on corporate governance theory. In order to find answers to these important questions, the book should be read very carefully from the beginning to the end in order to see the whole picture about corporate governance conundrum. The book is expected to shed some light about the reasons of company failures in the recent global financial crisis. Suleyman Gokhan Gunay, PhD

Written by highly respected academics, Corporate Governance is a comprehensive study of Australian corporate governance. It locates current law and practice squarely within contemporary debate about the role of corporations and how, and in whose interests, they are to be governed. Using a clear, easy-to-understand structure, this book covers a broad range of issues in modern corporate governance from basic concepts, the law, self-regulation and special cases, to emerging themes including the impact of globalisation and financialisation on the relationships within corporations, and between corporations and their investors and stakeholders. Features * Comprehensive study of the history and development of the modern corporation * Commentary on issues in contemporary corporate governance, including corporate social responsibility and impacts of globalisation * Well written by highly respected authors Related Titles * Austin & Ramsay, Company Directors: Principles of Law and Corporate Governance, 2nd Edition, 2016 * Austin & Ramsay, Ford's Principles of Corporations Law, 16th Edition, 2014 * Harris, Hargovan & Adams, Australian Corporate Law 5th Edition, 2015

This book is a major advancement in the area of complexity and corporate governance. By bringing together a range of leading experts in the fields of complexity and corporate governance, this book manages to knowledgeably wed the emerging field of complex systems thinking with the more established area of corporate governance. It brings a range of new and exciting concepts, such as emergence, co-evolution and selforganisation, and integrates them into an overarching and holistic understanding of corporate governance that is a clear benefit to corporate actors and stakeholders. The book is a major resource for both academic and practitioner audiences.

Comprehensive and up-to-date, this important textbook analyzes the escalating crisis in corporate governance and the growing interest in its reform across the globe. Written by a leading name in the field of corporate governance from a genuinely international perspective, this excellent textbook provides a balanced analysis of the relative strengths and weaknesses of the Anglo-Saxon, European and Asian traditions of corporate governance; offering a prognosis of the future development, complexity and diversity of corporate governance forms and systems. It: investigates the reasons for the failure of Enron, WorldCom, Tyco, Parmalat and other major international corporations examines the role of international standards of corporate governance, with the intervention of the OECD, World Bank and IMF explores the continuing cultural diversity in corporate and institutional forms in the United States and UK, Europe and Asia Pacific. Illustrated with a wealth of up-to-the minute case studies and packed full of excellent illustrative material that guides student readers through this complex subject, International Corporate Governance is a must read for anyone studying corporate governance today.

Theory and Practice of Corporate Governance explains how the real world of corporate governance works. It offers new definitions of governance and new conceptual models for investigating governance and corporate behaviour, based on both practical experience and academic investigation. In examining the historical development of corporate governance, it integrates issues of company law, regulatory practice and company administration with contemporary corporate governance policies and structures. An extensive range of international examples, both recent and historical, is used to compare theoretical explanations of governance behaviour with practical outcomes. This book will be particularly suitable for students taking an ICSA-accredited course - giving a necessary critical view on governance, law and regulation - and will also be suitable for accountancy courses. Through utilising new conceptual models, it will stimulate debate among both theorists and practitioners looking to develop their expertise.

This book provides a valuable grounding in the classical theories underpinning contemporary analysis of corporate governance.