Corporate Governance Against Recommendations: The Cases of the Strong Executive and the Strong Ownership
There are several basic configurations of corporate governance according to the separation of ownership and control (Jensen’s theory). Effective governance is described as a situation whenan owner (or group of owners) keeps the right to ratify and monitor strategic decisions while management has the...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Tomas Bata University in Zlín
2012-09-01
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| Series: | Journal of Competitiveness |
| Subjects: | |
| Online Access: | http://www.cjournal.cz/files/107.pdf |