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The Behavior Of Managers-such As The Rewards They Obtain For Poor Performance, The Role Of Boards Of Directors In Monitoring Managers, And The Regulatory Framework Covering The Corporate Governance Mechanisms That Are Put In Place To Ensure Managers' Accountability To Shareholder And Other Stakeholders-has Been The Subject Of Extensive Media And Policy Scrutiny In Light Of The Financial Crisis Of The Early 2000s. However, Corporate Governance Covers A Much Broader Set Of Issues, Which Requires Detailed Assessment As A Central Issue Of Concern To Business And Society. Critiques Of Traditional Governance Research Based On Agency Theory Have Noted Its Under-contextualized Nature And Its Inability To Compare Accurately And Explain The Diversity Of Corporate Governance Arrangements Across Different Institutional Contexts. The Oxford Handbook Of Corporate Governance Aims At Closing These Theoretical And Empirical Gaps. It Considers Corporate Governance Issues At Multiple Levels Of Analysis-the Individual Manager, Firms, Institutions, Industries, And Nations-and Presents International Evidence To Reflect The Wide Variety Of Perspectives. In Analyzing The Effects Of Corporate Governance On Performance, A Variety Of Indicators Are Considered, Such As Accounting Profit, Economic Profit, Productivity Growth, Market Share, Proxies For Environmental And Social Performance, Such As Diversity And Other Aspects Of Corporate Social Responsibility, And Of Course, Share Price Effects. In Addition To Providing A High Level Review And Analysis Of The Existing Literature, Each Chapter Develops An Agenda For Further Research On A Specific Aspect Of Corporate Governance. This Handbook Constitutes The Definitive Source Of Academic Research On Corporate Governance, Synthesizing Studies From Economics, Strategy, International Business, Organizational Behavior, Entrepreneurship, Business Ethics, Accounting, Finance, And Law.
This handbook investigates the multifaceted mechanisms of corporate governance and their impact on firm performance across diverse institutional and global contexts. The editors, a team of distinguished scholars in economics and management, synthesize interdisciplinary research to address the limitations of traditional agency theory. By examining governance at the individual, firm, and national levels, the text provides a comprehensive framework for understanding how accountability structures influence both economic outcomes and social responsibility.
What You Will Find
Scope Limits
Experts recognize this volume as a foundational reference for scholars and advanced students seeking a rigorous overview of the field. Readers frequently note the academic density of the prose and the comprehensive nature of the literature reviews provided in each chapter.
Page Count:
832
Publication Date:
2013-01-01
Publisher:
Oup Oxford
ISBN-10:
019164935X
ISBN-13:
9780191649356