Hardback
Enhancing Firm Sustainability Through Governance
The Relational Corporate Governance Approach
9781784715519 Edward Elgar Publishing
This important book presents a fresh perspective on corporate governance and how the relationship between governance mechanisms, processes and variables should be understood through a new unifying theory: the relational corporate governance approach. The approach acts as a tool for analysing the governance health of individual companies and suggests the actions required to remedy sub-optimal governance arrangements. A wide selection of articles, empirical studies and literature have been translated into an original theory which complements existing law and economics models of the firm.
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Critical Acclaim
Contributors
Contents
More Information
Enhancing Firm Sustainability Through Governance presents a fresh perspective on corporate governance and how the relationship between governance mechanisms, processes and variables should be understood through a new unifying theory: the relational corporate governance approach.
Francesco de Zwart examines significant areas of governance study and practice to illustrate how the most established governance mechanisms, processes and variables affect each other and the governance and management structures within a company. The relational corporate governance approach acts as a tool for analysing the governance health of individual companies and suggests the actions required to remedy sub-optimal governance and management arrangements. A wide selection of articles, empirical studies and literature have been translated into an original and understandable theory which complements and enhances the explanatory power of existing law and economics models of the firm.
This interdisciplinary book will interest scholars and researchers in the fields of corporate law, economics, accounting, management and, more specifically, governance and regulation. Policymakers and practitioners involved in corporate governance will benefit from the discerning insight into managerial design and adoption, decision-making, monitoring and reporting structures and other processes within the corporation.
Francesco de Zwart examines significant areas of governance study and practice to illustrate how the most established governance mechanisms, processes and variables affect each other and the governance and management structures within a company. The relational corporate governance approach acts as a tool for analysing the governance health of individual companies and suggests the actions required to remedy sub-optimal governance and management arrangements. A wide selection of articles, empirical studies and literature have been translated into an original and understandable theory which complements and enhances the explanatory power of existing law and economics models of the firm.
This interdisciplinary book will interest scholars and researchers in the fields of corporate law, economics, accounting, management and, more specifically, governance and regulation. Policymakers and practitioners involved in corporate governance will benefit from the discerning insight into managerial design and adoption, decision-making, monitoring and reporting structures and other processes within the corporation.
Critical Acclaim
‘Enhancing Firm Sustainability Through Governance, by Dr Francesco de Zwart, is a useful and novel addition to the panoply of corporate governance scholarship. Readers of the Journal will find it an invaluable resource for many years to come given the depth and breadth of its scholarly analysis and the practical utility of the author''s new model, the ''relational corporate governance approach.’
– Jason Harris, University of Technology Sydney, Australia
‘In summary, Enhancing Firm Sustainability Through Governance, by Dr Francesco de Zwart, is a useful and novel addition to the panoply of corporate governance scholarship. Readers of the Journal will find it an invaluable resource for many years to come given the depth and breadth of its scholarly analysis and the practical utility of the author''s new model, the ''relational corporate governance approach''.’
– Australian Journal of Corporate Law (AJCL)
– Jason Harris, University of Technology Sydney, Australia
‘In summary, Enhancing Firm Sustainability Through Governance, by Dr Francesco de Zwart, is a useful and novel addition to the panoply of corporate governance scholarship. Readers of the Journal will find it an invaluable resource for many years to come given the depth and breadth of its scholarly analysis and the practical utility of the author''s new model, the ''relational corporate governance approach''.’
– Australian Journal of Corporate Law (AJCL)
Contributors
Contents
Contents: 1. The Challenge of Corporate Governance, 2: The Framework of the Relational Corporate Governance Approach 3: Governance Variables in Practice 4. Key Field No. 1: The Application of the Principal Theories of the Firm to the Relational Approach 5. Key Field No. 2: ‘Autopsies’ of the Enron and Hastie Corporate Collapses 6. Key Field No. 3: Comparative Corporate Governance Codes 7. Empirical Studies Key Field No. 4 (Part 1): National Shareholder Protection Regime and Board Factors I 8. Empirical Studies Key Field No. 4 (Part 2): Board Factors II and Other Firm-Specific Variables 9. Empirical Studies Key Field No. 4 (Part 3): Board And Audit Committee Factors and Earnings Manipulation 10. Empirical Studies Key Field No. 4 (Part 4): ‘Good’ Corporate Governance and Director, CEO and Management Compensation 11. Relational Approach Conclusions Index
