Strategic Audit and Ownership Strategy
Mike Franz Wahl ()
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Mike Franz Wahl: Tallinn University of Technology, Estonia.
International Journal of Business and Social Research, 2015, vol. 5, issue 9, 93-100
Abstract:
In the new global economy, ownership has become a central issue for organizational performance. Ownership strategy is where corporate governance meets strategic management. Highlighting a knowledge gap in the field of corporate governance, the author is asking the central research question: “how to develop an ownership strategy?†The main purpose of this paper is to answer this original question and develop a better understanding about ownership strategies. Theoretically there is evidence to indicate that there is a link between strategic audit and ownership strategy. Analyzing firm cases from Estonia allows concluding that the strategic audit is useful for developing systemically ownership strategies, which in turn could be a realistic alternative for complete contracts. The use of strategic audits gives the business owner an opportunity to analyze his own actions and behavior, learning, managing knowledge, and finally clearly expressing his will in the form of an ownership strategy.
Keywords: Corporate governance; ownership strategy; strategic audit; text analytics. (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:lrc:larijb:v:5:y:2015:i:9:p:93-100
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