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| Tekijä: | Garcia-Castro, R. (et al.) |
| Otsikko: | A cross-national study of corporate governance and employment contracts |
| Lehti: | Business Ethics
2008 : JUL, VOL. 17:3, p. 259-284 |
| Asiasana: | corporate governance executives human resource management employment contracts industrial relations shareholders companies international agency theory |
| Kieli: | eng |
| Tiivistelmä: | Corporate governance (CG) can be seen to operate through a 'double agency' relationship: i. between the company management and shareholders, and ii. another btw. the corporate management and the firm's employees. The CG and corporate labour management (henceforth as: lb-mgmt.) are closely related. In order to compare CG across countries, an especially productive way is to explore how CG affects and is affected by the employment relationship. This paper's contributions are threefold: 1. An integration of aspects of the lb-mgmt. literature in the CG debate, 2. Based on a sample of about 1000 firms from 31 countries, there is found evidence of complementarities btw. the CG and the company lb-mgmt. In general, extreme cases outperform mixed cases, and 3. Firm differences within countries are more important than scholars have supposed until now. |
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