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:	2011
Authors:	Wasniewski, Krzysztof
Published in:	Journal of Advanced Research in Management. - ASERS Publishing. - Vol. II.2011, 1, p. 46-65
Publisher:	ASERS Publishing
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:	text/html
Type of publication:	Article
Classification:	D00 - Microeconomics. General ; D23 - Organizational Behavior; Transaction Costs; Property Rights ; G1 - General Financial Markets ; G3 - Corporate Finance and Governance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009653248