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More and more companies appear with strange abbreviations behind their business name. Consider Chrysler Group LLC (instead of Inc.) or LVMH Montres & Joaillerie France SAS. Some even speak about the 'endangered corporate form' and point to the rise of the uncorporation. This Primer examines how...
Persistent link: https://www.econbiz.de/10013088565
I interpret the theory of entrepreneurial discovery from the perspective of the theory of property rights. I analyze pure entrepreneurial profit and the logical construction of the theory as an extension of neo-classical microeconomic analysis and I argue that the key motivation for...
Persistent link: https://www.econbiz.de/10013067453
The paper reports the findings of a multi-jurisdictional study on companies' reporting of diversity practices at board level and below. It involved a review of the 2009, 2010 and 2011 annual reports of listed companies in Australia, Belgium, Norway, Spain and the UK. Some of the questions...
Persistent link: https://www.econbiz.de/10013078099
We examine variation in mandatory CSR reporting practices based on a large sample of non-publicly listed savings banks in Germany. They do not have typical shareholders but rather are established by municipal trustees and can serve clients only in their distinct operating area. This setting...
Persistent link: https://www.econbiz.de/10014361331
I show corporate culture is an important channel through which governance affects firm value. By quantifying culture and using a regression discontinuity design for identification, I demonstrate stronger governance significantly changes culture: it increases results-orientation but decreases...
Persistent link: https://www.econbiz.de/10012905162
than two decades, and the Dodd-Frank Act mandated a shareholder vote on any future adoption of a golden parachute by public …
Persistent link: https://www.econbiz.de/10012940555
transcripts of their meetings on their websites, including shareholder questions. We studied shareholder activism on corporate … shareholder proposals, shareholders in the Netherlands, including institutional investors, seem to increasingly care about … whether the use of other shareholder tools for advocating corporate sustainability goals has increased too is important …
Persistent link: https://www.econbiz.de/10012922693
The article deals with socio-economic aspects of responsible behaviour of owners, entrepreneurs and managers in practice of economic transformation. As the starting point of defining the concept of responsibility serves the elaboration of basic theoretical economic, juristic, philosophical and...
Persistent link: https://www.econbiz.de/10005036682
This paper offers an investigation at a micro-level of entrepreneurship in the business environment. More precisely, we conduct an empirical study of the relationship between corporate entrepreneurship and corporate governance in the case of the Romanian non-financial listed companies. We use...
Persistent link: https://www.econbiz.de/10011819884
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across individuals and institutional contexts. Our framework generates hypotheses about the negative impact of higher levels of corruption, weaker property rights and especially...
Persistent link: https://www.econbiz.de/10009152794