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The rise of modern corporations has been accompanied by an expansion of salaried executives who have replaced owner-managers. With this expansion, the new class of managers/executives came to regard themselves as stewards of large and complex corporations, and not principally or exclusively as...
Persistent link: https://www.econbiz.de/10012980046
Berkshire Hathaway, among history's largest and most successful corporations, shuns middlemen; its chairman, the legendary investor Warren Buffett, excoriates financial intermediaries. The acquisitive conglomerate rarely borrows money, retains brokers, or hires consultants. Its governance is...
Persistent link: https://www.econbiz.de/10011758401
Many observers consider the most important responsibility of the board of directors its responsibility to hire and fire the CEO. To this end, an interesting situation arises when a CEO resigns and the board chooses neither an internal nor external candidate, but a current board member as...
Persistent link: https://www.econbiz.de/10011870297
for product quality. Panel analysis for the US and a randomized control trial in India suggest that management exerts …
Persistent link: https://www.econbiz.de/10012898431
for product quality. Panel analysis for the US and a randomized control trial in India suggest that management exerts …
Persistent link: https://www.econbiz.de/10012917171
for product quality. Panel analysis for the US and a randomized control trial in India suggest that management exerts …
Persistent link: https://www.econbiz.de/10011864551
necesario incluir en el debate un tema esencial para la perennidad deeste tipo de firmas: el control. En el presente texto se … reflexiona sobre la manera comolas compañías adoptan mecanismos formales de control orientados hacia los resultados;también sobre … y creencias. <h2>Control in family businesses</h2> Family businesses are organizations of enormous complexity that …
Persistent link: https://www.econbiz.de/10011152841
Organization design recognizes managerial practice to follow a logical hierarchical order with each level supplementing and complementing each other for the effective management of the enterprise. In recent history organizational politics appears to be inflaming the challenges among the levels...
Persistent link: https://www.econbiz.de/10013211667
organizational control mechanisms and proactive individuals’ risk propensities. Results from a sample of 383 middle managers …. We discuss the implications of these findings for research on proactivity, risk taking, and organizational control …
Persistent link: https://www.econbiz.de/10014036003
For the Academics there is a difference between the teaching of management control and the practice of controllers. Why … this distinction ? This paper shows that management control is a management performance process. The management control …
Persistent link: https://www.econbiz.de/10010708217