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In the theoretical framework of corporate governance this article studies the efficiency of the control exerted by the ownership structure and the board of directors on managers. The confrontation of entrenchment theory and agency theory allows to determine the necessary conditions of the...
Persistent link: https://www.econbiz.de/10010861596
Contemporary governance reform proposals focus on strengthening board monitoring but recent theoretical models find that a passive board is often optimal. We examine board structure choice in France where for 45 years firms have been free to choose between a unitary board and a dual board...
Persistent link: https://www.econbiz.de/10010708539
Many governance reform proposals focus on strengthening board monitoring. In contrast, Adams and Ferreira (2007) and Harris and Raviv (2008) conclude that a passive board is often optimal. We examine determinants of board structure choice in France, where firms are free to choose between a...
Persistent link: https://www.econbiz.de/10010708698
We examine board structure in France, which since 1966 has allowed firms freedom to choose between unitary and two-tier boards. We analyze how this choice relates to characteristics of the firm and its environment. Firms with severe asymmetric information tend to opt for unitary boards; firms...
Persistent link: https://www.econbiz.de/10010783759
The present thesis addresses - cross-cutting the fields of organization sociology, strategic management and human resources - the motivation-stakes, the strategic challenges and the phenomenology inherent to the conduction of a diversity policy in the companies. The innovative nature of a...
Persistent link: https://www.econbiz.de/10010795044
Purpose – The purpose of this paper is to examine the contours of the emerging business education and institutions in a multi-polar world and to identify the causes of the strategic convergence of management education, to explore the limitations of the dominant models of management education...
Persistent link: https://www.econbiz.de/10010737655
Despite growing interest in how the concept of diversity management is reinterpreted as it crosses national boundaries, there has been little study of this process in Europe. To bridge this knowledge gap, this article explores the construction of diversity discourses in the context of the UK,...
Persistent link: https://www.econbiz.de/10010706708
This research establishes a framework for implementing diversity policies in organizations and offers suggested avenues for action. Contextualizing the discussion within the emergence and evolution of diversity in the USA and in France, the authors illustrate the contextual contingency of the...
Persistent link: https://www.econbiz.de/10011074386
Persistent link: https://www.econbiz.de/10011193761
Despite recent discoveries of embezzlement and excessive risk taking in subsidiary companies of several large French corporations (Vivendi, France Telecom, ...), companies rarely question the quality of the relationship they have with their auditors. The objective of this research paper is to...
Persistent link: https://www.econbiz.de/10011072185