WEKO3
アイテム
Corporate Governance
http://hdl.handle.net/10086/13958
http://hdl.handle.net/10086/13958f4cb0ded-fb6e-4b5e-b957-154cd4ece57b
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
wp2000-1a.pdf (1696415 bytes)
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| アイテムタイプ | デフォルトアイテムタイプ（フル）その２(1) | |||||||
|---|---|---|---|---|---|---|---|---|
| 公開日 | 2017-05-20 | |||||||
| タイトル | ||||||||
| タイトル | Corporate Governance | |||||||
| 言語 | en | |||||||
| 作成者 |
Tiroley, Jean
× Tiroley, Jean
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| 寄与者 | ||||||||
| 寄与者タイプ | Editor | |||||||
| 姓名 | Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University | |||||||
| 言語 | en | |||||||
| アクセス権 | ||||||||
| アクセス権 | open access | |||||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | governance | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | shareholder value | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | stakeholder society | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | control rights | |||||||
| 主題 | ||||||||
| 主題Scheme | Other | |||||||
| 主題 | managerial incentives | |||||||
| 内容記述 | ||||||||
| 内容記述タイプ | Other | |||||||
| 内容記述 | January 10, 2000 | |||||||
| 言語 | en | |||||||
| 内容記述 | ||||||||
| 内容記述タイプ | Abstract | |||||||
| 内容記述 | The paper first develops an economic analysis of the concept of shareholder value, describes its approach and discusses some open questions. It emphasizes the relationship between pledgeable income, monitoring and control rights using a unifying and simple framework. The paper then provides a first and preliminary analysis of the concept of the stakeholder society. It investigates whether the managerial incentives and the control structure described in the first part can be modified so as to promote the stakeholder society. It shows that the implementation of the stakeholder society strikes three rocks: dearth of pledgeable income, deadlocks in decision-making, and lack of clear mission for management. While it fares better than the stakeholder society on those three grounds, shareholder value generates biased decision-making; the paper analyzes the costs and benefits of various methods of protecting noncontrolling stakeholders: covenants, exit options, flat claims, enlarged fiduciary duty. | |||||||
| 出版者 | ||||||||
| 出版者 | Institute of Economic Research, Hitotsubashi University | |||||||
| 日付 | ||||||||
| 日付 | 2000-01 | |||||||
| 日付タイプ | Issued | |||||||
| 言語 | ||||||||
| 言語 | eng | |||||||
| 資源タイプ | ||||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_18gh | |||||||
| 資源タイプ | technical report | |||||||
| 出版タイプ | ||||||||
| 出版タイプ | VoR | |||||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||||
| 関連情報 | ||||||||
| 関連タイプ | isPartOf | |||||||
| 関連名称 | CEI Working Paper Series ; No. 2000-1 | |||||||
| 関連情報 | ||||||||
| 識別子タイプ | URI | |||||||
| 関連識別子 | http://cei.ier.hit-u.ac.jp/index.html | |||||||
| 収録物識別子 | ||||||||
| 収録物識別子タイプ | NCID | |||||||
| 収録物識別子 | AA11590659 | |||||||
| ページ数 | ||||||||
| ページ数 | 45 | |||||||
| JEL | ||||||||
| 値 | D23 | |||||||
| JEL | ||||||||
| 値 | G32 | |||||||
