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Agency-based explanations of the great deprivation, contrasted with structure-based explanations, suffer not merely from the criticism of relying on irrational and irresponsible behavior of millions, including that of the most astute financial experts, but are also at a loss to explain why such...
Persistent link: https://www.econbiz.de/10005619598
that the Anglo-Saxon financial system is inferior to that of Japan and Germany and puts the former countries at a …
Persistent link: https://www.econbiz.de/10011109519
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011109640
This paper not only considers why many concentrated ownership structured systems and jurisdictions are considering a shift to the Anglo American style of corporate governance, but also explores why the traditional principal agency theory model may no longer apply in many concentrated ownership...
Persistent link: https://www.econbiz.de/10011112064
industrialization and fast growth over a sustained period in the entire history of mankind. Recall that Japan in 1950 produced less than … Japanese had caught up with the US in the production of steel and replaced West Germany as the world's largest exporter of cars …. By 1980 Japan overtook the US to become the largest producer of automobiles in the world. …
Persistent link: https://www.econbiz.de/10011114436
focused comparison of Japan and Germany before WWII since they had similar political and legal institutions and were both … ‘backward’, but differed with regard to the security threats they faced. Germany confronted more menacing threats from … lending to sectors vital to the nation’s security via banks. Japan, by contrast, did not face the same level of threats to its …
Persistent link: https://www.econbiz.de/10005786993
Discussions of health care reforms are always tightly connected with the question of ensuring equity in financing health care. This paper analyses the German health care reform 2007 and its effect on the equity of health care financing. To do this Rawls’ and Nozick’s perceptions of justice...
Persistent link: https://www.econbiz.de/10008595624
The main objective of this paper is to discuss how far the cultural environment is related to the potential that new forms of work organization, namely autonomy and teamwork, have for success. To accomplish this objective two main approaches will be used: on the one hand, the Socio-Technical...
Persistent link: https://www.econbiz.de/10009647336
High-performance work systems (HPWS) can be seen as a set of new forms of work organization combined with flexible human resources (HR) practices that enhance organizational performance through employee involvement and empowerment. Although in the past two decades much research has been...
Persistent link: https://www.econbiz.de/10009647356
In Europe, anthropocentric organization models had their maximum expression in the Swedish model, which came to be known as “uddevalism” or “volvoism”. There are several factors that were presented as conditioners of this success (cf. Durand, 1994). Some critical factors to the success...
Persistent link: https://www.econbiz.de/10009359938