Corporate Governance and Innovation - Sahin, Mahir
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Revision with unchanged content. Very little empirical research exists that attempts to measure the effectiveness of corporate governance on innovativeness. For this it is crucial to consider the two main approaches (agency theory and stewardship theory) to corpo rate governance. However, the theory of corporate governance is strongly influenced by agency theoretical considerations. This book, first, attempts to show the relationship between corporate governance mechanisms and inno vativeness. Thereby, the agency approach to corporate governance is questioned. Further, the influence of culture…mehr

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Produktbeschreibung
Revision with unchanged content. Very little empirical research exists that attempts to measure the effectiveness of corporate governance on innovativeness. For this it is crucial to consider the two main approaches (agency theory and stewardship theory) to corpo rate governance. However, the theory of corporate governance is strongly influenced by agency theoretical considerations. This book, first, attempts to show the relationship between corporate governance mechanisms and inno vativeness. Thereby, the agency approach to corporate governance is questioned. Further, the influence of culture as an external variable to the prac tice of corporate governance is considered. The corporate governance mecha nisms ownership structure, board composition and CEO duality have beside control and incentive systems significant influence on a firm s inno vativeness. Furthermore, empirical findings show that stewardship theory is generally more effective in corporate governance in context withinnova tiveness then agency theory. Finally, an own theoretical framework is deve loped that shows that the influence of the theoretical approaches to corpo rate governance is dependent on the organization s situational culture type. This book is targeted to researchers, students and consultants and everyone else showing interest in organizational behaviour.
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Autorenporträt
Dipl.-Kfm.: BWL-Studium an d. TU Berlin mit den Schwerpunkten Organisation, Unternehmensführung und Innovationsforschung. Zurzeit beschäftigt als Business Development Consultant mit Zuständigkeit für die Länder Spanien, Italien, Frankreich und Deutschland bei der Oracle Corporation, Dublin.