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Corporations in Evolving Diversity
Af: Masahiko Aoki Engelsk Paperback
SPAR
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Corporations in Evolving Diversity
Af: Masahiko Aoki Engelsk Paperback
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.
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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.
Produktdetaljer
Sprog: Engelsk
Sider: 232
ISBN-13: 9780198835295
Indbinding: Paperback
Udgave:
ISBN-10: 0198835299
Kategori: Erhvervsøkonomi
Udg. Dato: 4 apr 2019
Længde: 13mm
Bredde: 233mm
Højde: 163mm
Oplagsdato: 4 apr 2019
Forfatter(e): Masahiko Aoki
Forfatter(e) Masahiko Aoki


Kategori Erhvervsøkonomi


Sprog Engelsk


Indbinding Paperback


Sider 232


Udgave


Længde 13mm


Bredde 233mm


Højde 163mm

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