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Corporate governance: what can we learn from public governance?


Benz, Matthias; Frey, Bruno S (2007). Corporate governance: what can we learn from public governance? Academy of Management Review, 32(1):92-104.

Abstract

In view of recent corporate scandals, it is argued that corporate governance can learn from public governance. Institutions devised to control and discipline the behavior of executives in the political sphere can give new insights into how to improve the governance of firms. Proposals in four specific areas are discussed: manager compensation, the division of power within firms, rules of succession in top positions, and institutionalized competition in core areas of the corporation.

In view of recent corporate scandals, it is argued that corporate governance can learn from public governance. Institutions devised to control and discipline the behavior of executives in the political sphere can give new insights into how to improve the governance of firms. Proposals in four specific areas are discussed: manager compensation, the division of power within firms, rules of succession in top positions, and institutionalized competition in core areas of the corporation.

Citations

40 citations in Web of Science®
49 citations in Scopus®
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Additional indexing

Item Type:Journal Article, refereed, further contribution
Communities & Collections:03 Faculty of Economics > Department of Economics
Dewey Decimal Classification:330 Economics
Language:English
Date:January 2007
Deposited On:08 Apr 2008 09:25
Last Modified:05 Apr 2016 12:22
Publisher:Academy of Management
ISSN:0363-7425
Official URL:http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=23463860&loginpage=Login.asp&site=ehost-live
Permanent URL: http://doi.org/10.5167/uzh-2320

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