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A governance indicator for Small and Medium-Sized Enterprises (SMEs) is presented. The indicator adopts stakeholder …
Persistent link: https://www.econbiz.de/10014208126
stakeholder value. For government, it calls for setting legal obligations, targets and incentives to ensure that stakeholder value …
Persistent link: https://www.econbiz.de/10012584985
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and across countries. We study firm-level decisions in France, Germany, Japan, the UK, and the US. We find significant differences between the response of US...
Persistent link: https://www.econbiz.de/10012931027
Although a growing number of investors are engaging with sovereign entities on environmental, social, and governance (ESG) issues, little academic research investigates this new form of investor activism. Applying universal ownership theory and drawing on eleven case studies of policy...
Persistent link: https://www.econbiz.de/10014338086
Although post-merger integration (PMI) in management control systems (MCSs) is a key determinant of successful corporate mergers and acquisitions (M&As), it has not attracted due academic attention because the existing case studies on PMI is are highly concentrated on integration in terms of...
Persistent link: https://www.econbiz.de/10012919359
This document is an appendix to our article, Stakeholder Capitalism in the Time of COVID, 40 YALE J. REG. (forthcoming … the claims of supporters of stakeholder capitalism (“stakeholderism”) in the context of the COVID pandemic. Supporters of … heightened risks to stakeholders, we document that corporate leaders negotiating deal terms failed to look after stakeholder …
Persistent link: https://www.econbiz.de/10014235683
This Article investigates the time of COVID-19 to test the claims of supporters of stakeholder capitalism … to look after stakeholder interests. Some supporters of stakeholder capitalism argue that corporate leaders should and do … give weight to stakeholder interests because delivering value to stakeholders is a major element of corporate purpose …
Persistent link: https://www.econbiz.de/10013306047
Century Stakeholder Governance model. In our conference keynote article, [here], we argue that to answer that question yes … for political purposes, and its negative effect on the ability of government to implement stakeholder-protective policies … stakeholder governance and New Deal capitalism. For corporate law to be a force for good, and not facilitate environmental harm …
Persistent link: https://www.econbiz.de/10014346726
Social benefit entities, such as benefit corporations and low-profit limited liability companies (or L3Cs) were designed to support and encourage socially responsible business. Unfortunately, instead of helping, the emergence of social enterprise enabling statutes and the demise of director...
Persistent link: https://www.econbiz.de/10012900019
We examine the informational role of governments in the private sector in emerging economies. Using a large sample of private firms, we show that governments’ ability and willingness to collect and disseminate economic information (government transparency) is positively associated with...
Persistent link: https://www.econbiz.de/10012886225