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Author: Oliver E. Williamson Publisher: Oxford University Press ISBN: 0195360141 Category : Business & Economics Languages : en Pages : 442
Book Description
This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the New Institutional Economics with which Oliver Williamson is especially associated. Transaction cost economics takes issue with one of the fundamental building blocks in microeconomics: the theory of the firm. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes the firm in organizational terms, as a governance structure. Alternative feasible forms of organization--firms, markets, hybrids, bureaus--are examined comparatively. The analytical action resides in the details of transactions and the mechanisms of governance. Transaction cost economics has had a pervasive influence on current economic thought about how and why institutions function as they do, and it has become a practical framework for research in organizations by representatives of a variety of disciplines. Through a transaction cost analysis, The Mechanisms of Governance shows how and why simple contracts give way to complex contracts and internal organization as the hazards of contracting build up. That complicates the study of economic organization, but a richer and more relevant theory of organization is the result. Many testable implications and lessons for public policy accrue to this framework. Applications of both kinds are numerous and growing. Written by one of the leading economic theorists of our time, The Mechanisms of Governance is sure to be an important work for years to come. It will be of interest to scholars and students of economics, organization, management, and law.
Author: Oliver E. Williamson Publisher: Oxford University Press ISBN: 0195360141 Category : Business & Economics Languages : en Pages : 442
Book Description
This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the New Institutional Economics with which Oliver Williamson is especially associated. Transaction cost economics takes issue with one of the fundamental building blocks in microeconomics: the theory of the firm. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes the firm in organizational terms, as a governance structure. Alternative feasible forms of organization--firms, markets, hybrids, bureaus--are examined comparatively. The analytical action resides in the details of transactions and the mechanisms of governance. Transaction cost economics has had a pervasive influence on current economic thought about how and why institutions function as they do, and it has become a practical framework for research in organizations by representatives of a variety of disciplines. Through a transaction cost analysis, The Mechanisms of Governance shows how and why simple contracts give way to complex contracts and internal organization as the hazards of contracting build up. That complicates the study of economic organization, but a richer and more relevant theory of organization is the result. Many testable implications and lessons for public policy accrue to this framework. Applications of both kinds are numerous and growing. Written by one of the leading economic theorists of our time, The Mechanisms of Governance is sure to be an important work for years to come. It will be of interest to scholars and students of economics, organization, management, and law.
Author: Oliver Eaton Williamson Publisher: ISBN: 9780197710418 Category : Corporate governance Languages : en Pages : 0
Book Description
Offering a new economic perspective to organizational studies, this work shows that decision-makers in firms respond to economic factors that affect both the structure of the individual firm and the structure of the industry within which the organization operates.
Author: E. Banks Publisher: Springer ISBN: 0230508103 Category : Business & Economics Languages : en Pages : 496
Book Description
Corporate Governance is a text which considers the problems surrounding governance and proposes solutions to help restore investor confidence in the corporate world. The book is intended for board members, corporate executives, regulators, auditors, creditors and analysts seeking a concise analysis of the governance issues facing financial and non-financial corporations round the world. The book is fully international in context and includes real-life examples and cases to emphasize the practical nature of governance problems and solutions.
Author: Kerstin Martens Publisher: OUP Oxford ISBN: 0199591148 Category : Political Science Languages : en Pages : 320
Book Description
This volume is devoted to the analysis of the Organisation for Economic Co-operation and Development (OECD) and its role in international and national policy making. On its 50th anniversary, the OECD enjoys widely acknowledged international standing. Despite this, it has so far remained a rarely researched and analyzed organization. This book is thus a pioneering work: it fills a long-overdue gap in presenting a theoretically guided and empirically rich analysis of the OECD as apolitical actor. It explores its role in political processes through various case studies in a variety of policy fields. By conceptualizing the contributions to this volume around the concept of mechanisms of governance, it explores how and to what extent the OECD provides international incentives fornational policy making. The volume collects a set of ten contributions on the OECD and its activities in core fields of its commitment as an 'economic organization', such as economic and labor market policy, tax issues, finance or financial crime, but also in complementary fields in which the organization is active today despite its original economic focus, such as education, biotechnology, health, family issues, and migration. The case studies presented in this volume are an interdisciplinarycollection from different academic perspectives, including political science, international relations, law, and organization studies. The book provides a current and wide-ranging analysis of this organization including its constraints and opportunities in policy making.
Author: Nathalie Behnke Publisher: Springer ISBN: 3030055116 Category : Political Science Languages : en Pages : 417
Book Description
This edited volume provides a comprehensive overview of the diverse and multi-faceted research on governance in multilevel systems. The book features a collection of cutting-edge trans-Atlantic contributions, covering topics such as federalism, decentralization as well as various forms and processes of regionalization and Europeanization. While the field of multilevel governance is comparatively young, research in the subject has also come of age as considerable theoretical, conceptual and empirical advances have been achieved since the first influential works were published in the early noughties. The present volume aims to gauge the state-of-the-art in the different research areas as it brings together a selection of original contributions that are united by a variety of configurations, dynamics and mechanisms related to governing in multilevel systems.
Author: Steen Thomsen Publisher: ISBN: 9780077132590 Category : Corporate governance Languages : en Pages : 367
Book Description
This exciting new text provides a complete introduction to Corporate Governance. It deals with the control and direction of companies by boards, owners and company law, and also looks at the mechanisms of governance and thedifferent governance systems around the world. Part 1: is a non-technical overview of the relevant theories, governance mechanisms and the country models. Part 2: looks at some of the most important governance mechanisms in detail. Part 3: studies individual international corporate governance systems. Part 4: wraps up with a discussion on governance practices.
Author: Oliver E. Williamson Publisher: Oxford University Press ISBN: 0199879567 Category : Business & Economics Languages : en Pages : 446
Book Description
This book brings together in one place the work of one of our most respected economic theorists, on a field in which he has played a large part in originating: the New Institutional Economics. Transaction cost economics, which studies the governance of contractual relations, is the branch of the New Institutional Economics with which Oliver Williamson is especially associated. Transaction cost economics takes issue with one of the fundamental building blocks in microeconomics: the theory of the firm. Whereas orthodox economics describes the firm in technological terms, as a production function, transaction cost economics describes the firm in organizational terms, as a governance structure. Alternative feasible forms of organization--firms, markets, hybrids, bureaus--are examined comparatively. The analytical action resides in the details of transactions and the mechanisms of governance. Transaction cost economics has had a pervasive influence on current economic thought about how and why institutions function as they do, and it has become a practical framework for research in organizations by representatives of a variety of disciplines. Through a transaction cost analysis, The Mechanisms of Governance shows how and why simple contracts give way to complex contracts and internal organization as the hazards of contracting build up. That complicates the study of economic organization, but a richer and more relevant theory of organization is the result. Many testable implications and lessons for public policy accrue to this framework. Applications of both kinds are numerous and growing. Written by one of the leading economic theorists of our time, The Mechanisms of Governance is sure to be an important work for years to come. It will be of interest to scholars and students of economics, organization, management, and law.
Author: Jean Chen Publisher: Business Expert Press ISBN: 1631572296 Category : Business & Economics Languages : en Pages : 122
Book Description
Since its opening up and economic reforms in 1979, China has undergone tremendous economic growth and social development, with a ten percent real gross domestic product growth per year on average through 2013. In spite of such an accomplishment, the current economic growth model in China, which is mainly triggered by the export-led policy and the huge government investment, has been challenged by potential external and internal risks, which do not support sustainable economic growth in the long run. In this book, the author comprehensively reviews the corporate governance practices in China, identifying the major problems within such practices. It is contended that these problems have been seen as the major challenges facing the Chinese economy, and further, that the current weakness of corporate governance practices in China can be ascribed, to a great extent, to the incompleteness and weakness of law enforcement.
Author: Steen Thomsen Publisher: McGraw Hill ISBN: 0077145518 Category : Business & Economics Languages : en Pages : 393
Book Description
This exciting new text provides a complete introduction to Corporate Governance. It deals with the control and direction of companies by boards, owners and company law, and also looks at the mechanisms of governance and the different governance systems around the world. Part 1: is a non-technical overview of the relevant theories, governance mechanisms and the country models.Part 2: looks at some of the most important governance mechanisms in detail.Part 3: studies individual international corporate governance systems.Part 4: wraps up with a discussion on governance practices.
Author: Andrea Calabrò Publisher: Springer Science & Business Media ISBN: 9783790827507 Category : Business & Economics Languages : en Pages : 134
Book Description
This book addresses the nexus of issues exploring governance structures and mechanisms in public service organizations, thus contributing to the development of disciplines that focus on public management. It goes beyond the state of the art by addressing a number of specific issues in a more systematic fashion. The book’s interdisciplinary focus is a particularly valuable asset, as its topic is situated at the crossroads of a number of fields, including public management, business administration, corporate governance, policy studies, political science, sociology, and third sector studies, all of which offer important perspectives and are important for the development of public management and public services. The book covers more than Italy and Norway and focuses specifically on public service organizations, addressing more aspects of their governance structures and mechanisms than any other book available today. The unique presentation of features related to the governance and management of different actors (state-owned enterprises, local public utilities, ministries, municipalities, citizens, etc.), involved at different levels in the production and provision of public services, makes it possible to compare and contrast these different perspectives and opens new avenues of theoretical collaboration and development.
Author: Oliver E. Williamson
Author: Oliver E. Williamson
Author: Oliver Eaton Williamson
Author: E. Banks
Author: Kerstin Martens
Author: Nathalie Behnke
Author: Steen Thomsen
Author: Oliver E. Williamson
Author: Jean Chen
Author: Steen Thomsen
Author: Andrea Calabrò