Neither shareholder nor stakeholder management : (Record no. 26637)
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fixed length control field | 01799naa a2200169uu 4500 |
001 - CONTROL NUMBER | |
control field | 8061019495810 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20190211163712.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
fixed length control field | 080610s2008 xx ||||gr |0|| 0 eng d |
999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | eng |
100 1# - MAIN ENTRY--PERSONAL NAME | |
Personal name | VILANOVA, Laurent |
9 (RLIN) | 34501 |
245 10 - TITLE STATEMENT | |
Title | Neither shareholder nor stakeholder management : |
Remainder of title | what happens when firms are run for their short-term salient stakeholder? |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Place of publication, distribution, etc. | Oxford, UK : |
Name of publisher, distributor, etc. | Elsevier, |
Date of publication, distribution, etc. | April 2007 |
520 3# - SUMMARY, ETC. | |
Summary, etc. | One of the critical distinctions between shareholder theory and stakeholder theory rests on the role of management in the resolution of the firms internal conflicts. Whereas managers are considered as a source of conflicts by agency/shareholder theorists, they are often viewed as useful mediators in the stakeholder approach. This paper proposes an alternative theory on the role of management in corporate governance, the so-called short term salient stakeholder theory, and illustrates it with a longitudinal case study of Eurotunnel, the Channel Tunnel operator. When the firms legitimate stakeholders have very different information levels and bargaining strengths, this theory predicts that (i) firms are governed in the interests of a unique stakeholder group (ii) managers have a minor role and are prone to collude with the most powerful interest group (iii) this autocratic type of governance is unstable in the long-term as the legitimate stakeholders expropriated at one period use influence strategies to gain power in the next period (iv) the chronic conflicts associated to short-term salient stakeholder management lead to poor organizational performance |
773 08 - HOST ITEM ENTRY | |
Title | European Management Journal |
Related parts | 25, 2, p. 146-162 |
Place, publisher, and date of publication | Oxford, UK : Elsevier, April 2007 |
International Standard Serial Number | ISSN 02632373 |
Record control number | |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Koha item type | Periódico |
998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
-- | 20080610 |
Operator's initials, OID (RLIN) | 1949^b |
Cataloger's initials, CIN (RLIN) | Tiago |
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