Description

The 2008-9 financial crisis demands we look anew at the role of corporations, and the working of financial markets around the world. In this book, Masahiko Aoki provides a compelling new analysis of the corporate firm; the role of shareholders, managers and workers; and institutional governance structures. In this classic text, Masahiko Aoki explores how the 2008-9 financial crisis demanded a re-examination of the role of corporations and the working of financial markets around the world, providing a compelling new analysis of the corporate firm; the role of shareholders, managers and workers; and institutional governance structures. In recent decades the firm has predominantly been seen as an organization run and governed in the interests of shareholders, where management act as the agent of shareholders, and the workers simply as instruments for share-value maximization. This book reverses this viewpoint. It sees corporations as associational cognitive systems where ‘cognitive actions’ are distributed amongst managers and workers, with shareholders supplying ‘cognitive tools’ and monitoring their use in the systems. Aoki analyses the different relationships that can exist between shareholders, managers, and workers from this perspective, and identifies a range of different models of organizational architecture and associated governance structures. He also discusses ways in which corporations act as players in social, political, and organizational games, as well as global economic games; how these inter-related social dynamics may change particular distinctive national structures into the diversity incorporated in the global corporate landscape; and how they now call for new roles for financial markets. LangueenVersionBrochéDate de sortie initiale04 avril 2019Nombre de pages232IllustrationsNon

Personnes impliquées

Auteur principal

Masahiko Aoki

Editeur principal

OUPQ

Informations sur le fabricant

Nom du fabricantOxford University Press España S.A. of El Parque EmpresarialAdresse du fabricant– 28330 – – ESAdresse électronique du fabricant[email protected]Informations sur le fabricantLes informations du fabricant ne sont actuellement pas disponibles

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EAN

EAN9780198835295

Sécurité des produits

Opérateur économique responsable dans l’UE

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Catégories

Économie et Finance

Livres de gestion

Économie

Administration des affaires

Stratégie

Théorie des organisations

Économie de l’organisation industrielle

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Livre

Disponibilité

Disponible à l’adresse suivante

Langue

Anglais

Type de livre

Paperback