THE EMERGENCE AND DEVELOPMENT OF CORPORATE GOVERNANCE AS AN ECONOMIC AND INSTITUTIONAL PHENOMENON
Ilona Bažantová
Pagini: 167-178
Publicat: 21 Aug 2015
Vizualizări: 3,302
Descărcări: 761
Rezumat: The article analyses how has been corporate governance formed – it shows a view of history of economic thought on this problem. It describes Adam Smith’s opinions on corporations, the Agency Theory and the Principal-Agent Theory. Then, the article provides interpretation of OECD´s definition of corporate governance, it presents the dualistic (two-tier) model and the monistic (one-tier) model and the current institutional concept of corporate governance in the Czech Republic.
Cuvinte cheie: corporate governance, principal-agent theory, oecd, czech laws
Citează acest articol: Ilona Bažantová. THE EMERGENCE AND DEVELOPMENT OF CORPORATE GOVERNANCE AS AN ECONOMIC AND INSTITUTIONAL PHENOMENON. Journal of International Scientific Publications: Economy & Business 9, 167-178 (2015). https://www.scientific-publications.net/en/article/1000856/
Înapoi la cuprinsul volumului
© 2025 The Author(s). This is an open access article distributed under the terms of the
Creative Commons Attribution License https://creativecommons.org/licenses/by/4.0/, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. This permission does not cover any third party copyrighted material which may appear in the work requested.
Disclaimer: The Publisher and/or the editor(s) are not responsible for the statements, opinions, and data contained in any published works. These are solely the views of the individual author(s) and contributor(s). The Publisher and/or the editor(s) disclaim any liability for injury to individuals or property arising from the ideas, methods, instructions, or products mentioned in the content.
