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Corporate Governance: What can we Learn from Public Governance?


Benz, Matthias; Frey, Bruno S (2005). Corporate Governance: What can we Learn from Public Governance? Working paper series / Institute for Empirical Research in Economics No. 166, University of Zurich.

Abstract

In view of recent corporate scandals, it is argued that corporate governance can learnnfrom 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.

Abstract

In view of recent corporate scandals, it is argued that corporate governance can learnnfrom 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.

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Additional indexing

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Institute for Empirical Research in Economics (former)
Dewey Decimal Classification:330 Economics
Language:English
Date:May 2005
Deposited On:29 Nov 2011 22:32
Last Modified:12 Aug 2017 12:54
Series Name:Working paper series / Institute for Empirical Research in Economics
ISSN:1424-0459
Official URL:http://www.econ.uzh.ch/wp.html

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