Évolution institutionnelle, schémas mentaux et gouvernement des entreprises:le cas Krupp-Thyssen

Peter Wirtz ()

Revue Finance Contrôle Stratégie, 1999, vol. 2, issue 1, pages 117-143

Abstract: A system of corporate governance consists of the set of mechanisms which constrain managerial discretion. A rapid comparison of the institutional contexts of different countries indicates that corporate governance depends on the national environment of the firm. At the same time, national governance systems are not static, but change in time. The aim of this article is to propose a conceptual framework for an explanation of the modifications of the constraints imposed on managerial discretion. The clinical study of the Thyssen-Krupp merger in Germany is an example of the plausibility of our theoretical hypotheses.

Keywords: managerial discretion; corporate governance; mental patterns; financial policy. (search for similar items in EconPapers)
Date: 1999
View citations in EconPapers

Downloads: (external link)
http://www.u-bourgogne.fr/LEG/rev/021143.pdf (application/pdf)

Related works:
Working Paper: Évolution institutionnelle, schémas mentaux et gouvernement des entreprises:le cas Krupp - Thyssen (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:dij:revfcs:v:2:y:1999:i:q1:p:117-143

Ordering information: This journal article can be ordered from
Economica, 49,rue Héricart, 75015 Paris, France

Access Statistics for this article

Revue Finance Contrôle Stratégie is edited by Albert David

More articles in Revue Finance Contrôle Stratégie from Editions Economica
Address: 49,rue Héricart,75015 Paris, France
Series data maintained by Gérard Charreaux ().