Browsing by Subject "virksomhedens interessenter"
Now showing items 1-4 of 4
-
Pedersen, Torben; Sharma, Deo; Petersen, Bent (København, 2001)[More information][Less information]
Abstract: This large-scale study explores the performance implications of different combinations of knowledge sourcing and transfer mechanisms of multinational corporations (MNCs). The focus is on transfer of internationalization knowledge. After having acquired knowledge in foreign markets, the MNCs face a choice as to the mechanism used for transferring this knowledge to other units of the corporation. MNCs can use "rich communication media" that are able to transfer experiential knowledge as acquired originally. Alternatively, the MNCs may aim to codify the knowledge in written media in order to transfer it to other units. A wrong choice of transfer mechanism may result in unnecessarily high communication costs or impaired quality of the knowledge subject to transfer. On the basis of data on Danish MNCs the performance implications of the transfer mechanism choice is examined. URI: http://hdl.handle.net/10398/6890 Files in this item: 1
linkwp01-6.pdf (177.2Kb) -
The Emergence of Stakeholder CapitalismMeyer, Klaus E. (København, 2003)[More information][Less information]
Abstract: An unintended outcome of transition is the emergence of new forms of governance. Stakeholders other than shareholders influence corporate management to a higher degree than in mature market economies. Employees gained influence through ownership stakes or work councils, while elsewhere investment funds or governmental authorities retain influence via equity stakes or otherwise. This paper reviews privatisation and the newly created forms of private ownership to document the evolution of stakeholder capitalism and to discuss the opportunities and dangers that it may create for businesses in the region. URI: http://hdl.handle.net/10398/7088 Files in this item: 1
int wp 2003.pdf (192.8Kb) -
Bordum, Anders (København, 2003)[More information][Less information]
-
a matter of contractual failuresRose, Caspar (København, 2003)[More information][Less information]
Abstract: Abstract: This article analyzes the conflict of interests between shareholders and other stakeholders, including when such conflicts of interests may arise. It is argued that shareholder value cannot be justified simply by referring to any prerogative property rights of the shareholders. Instead, shareholder value coincides with the efficient hypothetical perfect contract. However, due to contractual failures in certain bargain situations, management may be unable to "internalize the firms externalities". This means that in these situations there is a tradeoff between a broad duty of loyalty for management in listed firms and other traditional remedies. The theoretical insights are applied on a case from the Danish Supreme Court (Louis Poulsen A/S) where the interests of the stakeholders were decisive. However, it is shown that the verdict may instead harm the relevant stakeholders illustrating how cautious the legal system should use a doctrine based on the "company’s interests". In addition, the notion of a firm’s social responsibility is critically evaluated together with the associated pitfalls of accepting this concept. URI: http://hdl.handle.net/10398/6796 Files in this item: 1
wplefic162003.pdf (375.9Kb)
Now showing items 1-4 of 4