Corporate governance and firm capabilities: A comparison of managerial, alliance, and personal capitalisms

被引:2
作者
Carney M. [1 ]
Gedajlovic E. [2 ]
机构
[1] Concordia University, Montreal, Que. H3G 1M8, 1455 de Maisonneuve Blvd., West
[2] Erasmus University, Rotterdam School of Management, 3000 DR, Rotterdam
关键词
Alliance capitalism; Capabilities; Corporate governance; Managerial capitalism; Personal capitalism; Strategic assets;
D O I
10.1023/A:1010649828352
中图分类号
学科分类号
摘要
Incentive structures embodied in different systems of corporate governance produce firms with inclinations towards the development of particular capabilities and strategic assets and disinclinations towards the development of others. To the extent that there is an excessive dependence upon any particular type of governance, an economy as a whole will be endowed with both its benefits and costs. As such, governance reform in East Asian economies may be better aimed at cultivating alternative governance institutions alongside existing relational institutions, rather than in converting these governance systems into facsimiles of the so-called "Anglo-American" model. © 2001 Kluwer Academic Publishers.
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页码:335 / 354
页数:19
相关论文
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