Corporate strategies – the institutional approach

The present paper introduces a model of corporate strategies, based on institutional theories of the firm and formalized with the concepts of the theory of games. Corporate strategies are balanced outcomes of four social games: capital market, corporate governance, product market and social responsibility. Two empirical applications of the model are then introduced: a qualitative one, consisting in comparative study of strategies deployed by Royal Dutch Shell and Israel Corporation, then a quantitative one, presenting a study of capital accumulation and operational efficiency in 79 companies listed in the Warsaw Stock Exchange.

MoreLess

Year of publication:	2010-06
Authors:	Waśniewski, Krzysztof
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	institutional economics \| strategy \| corporation

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D03 - Behavioral Economics; Underlying Principles ; D53 - Financial Markets ; L2 - Firm Objectives, Organization, and Behavior ; D81 - Criteria for Decision-Making under Risk and Uncertainty ; D2 - Production and Organizations ; G12 - Asset Pricing ; D02 - Institutions: Design, Formation, and Operations ; G3 - Corporate Finance and Governance ; D01 - Microeconomic Behavior: Underlying Principles
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008645091