Corporate Governance
Subtitle: An Institutionalist Approach
Contributors: Robert Cobbaut (Editor); Jacques Lenoble (Editor)
Publisher: Kluwer Law International
Published: November 2003
Language: eng
Format: Hardcover
Number of pages: 276
ISBN-13: 9789041121356
Subjects: Company law; International; European Union countries; Case studies; Law; Business / Economics / Finance; Labor & Employment; Industries - General; Corporate; Corporate governance
First sentence: In recent years, the question of 'governance' has become the subject of renewed theoretical reflection in a variety of fields, ranging from firms (corporate governance) to international relations (international regime theory) to public authorities (transformation of the modes of control of public authorities).
Description: "In this book the work of nine outstanding scholars in the field converges, along different avenues of research and analysis, toward a vital critique of two assumptions in currently dominant economic theory that uncertainty can be reduced to numerical probabilities, and that individuals are substantially rational, that is, capable of establishing beforehand an efficacious solution for all possible eventualities.".

"These authors argue that efficient corporate governance requires the establishment of devices of cooperation among the various stakeholders that enable the operation of collective learning. Their contributions to this book clearly enunciate both the need for such organisational learning and the lessons of several specific recent transformations in governance practice that manifest a degree of such learning.".

"What the common undertaking of these authors finally reveals is of immeasurable value to the business community: potent suggestions that foster the development of a reflexive capacity among actors in corporate governance to isolate what the real problem is, to identify the elements of the context that it would be expedient to transform, and to construct collectively the modalities of an effective transformation."--BOOK JACKET.