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

Peter Wirtz

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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 dis cretion. The clinical study of the Thyssen- Krupp merger in Germany is an example of the plausibility of our theoretical hypotheses.

Keywords: discrétion managériale; gouvernement des entreprises; schémas mentaux; politique financière; managerial discretion; corporate governance; mental patterns; financial policy (search for similar items in EconPapers)
Date: 1999
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00748139v1
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Published in Finance Contrôle Stratégie, 1999, 2 (1), pp.117

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Related works:
Journal Article: Évolution institutionnelle, schémas mentaux et gouvernement des entreprises:le cas Krupp-Thyssen (1999)
Working Paper: Évolution institutionnelle, schémas mentaux et gouvernement des entreprises:le cas Krupp - Thyssen (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00748139

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