Strong Managers, Strong Owners: Corporate Governance and Strategy

Harry Korine and Pierre-Yves Gomez ()
Additional contact information
Harry Korine: INSEAD - Institut Européen d'administration des Affaires
Pierre-Yves Gomez: EM - EMLyon Business School

Post-Print from HAL

Abstract: The family firm preparing generational change, the partnership that welcomes new partners, and the shareholders of a firm that chooses to go public are making decisions that will have an impact on strategy and management. Conversely, a change in strategy such as a move to diversify or a decision to take on more risk in a business can make the firm more attractive to some shareholders and less attractive to others and is therefore not ownership neutral. Opening the black box of agency theory, Korine and Gomez show how management and ownership interact to shape the strategy of the firm. In their view, the critical question to ask is not what is the best strategy, but rather, who is the strategy for? With numerous detailed examples, Strong Managers, Strong Owners is an invaluable resource for company owners, board members and executives, as well as their advisors in strategy and governance.

Date: 2013-12-01
References: Add references at CitEc
Citations:

Published in Cambridge University Press, XIII-216 p., 2013, 978-1107044203. ⟨10.1017/CBO9781107360013⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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: https://EconPapers.repec.org/RePEc:hal:journl:hal-02298192

DOI: 10.1017/CBO9781107360013

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().