Electronic Resource
Oxford, UK and Boston, USA
:
Blackwell Publishers Ltd
Corporate governance
7 (1999), S. 0
ISSN:
1467-8683
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Political Science
,
Economics
Notes:
Shareholders can gain effective control over their firm’s management by voting to choose an outside agency to nominate director candidates. This would give the board and management a greater incentive to serve the owners’ interests, resulting in higher productivity of capital, more realistic levels of executive pay, less short-termism, and a moderation of the corporate bloat that tends to necessitate drastic cuts. Such a system would further improve corporate governance in western countries, and provide a much needed “quick fix” for governance problems in Asia.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/1467-8683.00124
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