In the study is examined board structure. Board structure relates to the mix of both executive and non executive directors. Generally when board structure is discussed, key to the discussions is director independence. When we speak of director independence, the determining factors are varied...

The duty of corporate fiduciaries to act in the best interests of the firm lies at the heart of most stories about corporate law. It has occupied the center of what is probably the longest and most extensive debate in corporate law: whether the duties should be owed to shareholders alone or to...

Globalization has been identified by many experts as a new way firms organize their activities and as the emergence of human capital as the new stakeholder of the firm. This paper surveys recent work which examines the role of trade integration for these changes in corporate organization. More...

This paper studies the government's organizational structure with petty corruption. We investigate whether the government should centralize or separate the power of granting business permits if bureaucrats may engage in collusion or/and extortion. Centralization dominates when the bureaucrats...

We study when firms choose to install boards and their roles in a historical setting where neither boards nor their duties are mandated by law. Boards arise in firms with large, heterogenous shareholder bases. We propose that an important role of boards is to mediate between heterogenous...

Organizational Structure includes a firm's formal role configuration, procedures, governance, and control mechanisms, and authority and decision-making processes. The simple structure is an organizational form in which the owner-manager makes all major decisions directly and monitors all...

This article proposes a simple framework for understanding an emergent diversity of linkages between corporate governance (CG) and organizational architecture (OA). It distinguishes discreet modes of their linkage by different combinatorial patterns between three basic assets: managers' human...

This book examines corporate reform in Japan by focusing on corporate governance and the employment system. Contrary to a prevailing assertion of radical change, it is revealed that actual change is gradual, and a new type of Japanese firm is generated by reform with gradual change. Throughout...