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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.

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.

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67 citations in Web of Science®
71 citations in Scopus®
198 citations in Microsoft Academic
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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
Scopus Subject Areas:Social Sciences & Humanities > General Business, Management and Accounting
Social Sciences & Humanities > Strategy and Management
Social Sciences & Humanities > Management of Technology and Innovation
Language:English
Date:January 2007
Deposited On:08 Apr 2008 09:25
Last Modified:25 Feb 2020 10:12
Publisher:Academy of Management
ISSN:0363-7425
OA Status:Closed
Publisher DOI:https://doi.org/10.5465/AMR.2007.23463860
Official URL:http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=23463860&loginpage=Login.asp&site=ehost-live

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