Corporate Governance and Industrial Development – A Governance Theory Based on Innovation and Its Empirical Evidence

Author: [USA] Ragavan N. Raghavan, [USA] O. C. O'Sullivan, Translated by Huang Yiyi et al.
Publisher:
Publish Date: 2005-01-05
Features: This book is a truly groundbreaking work that transcends both traditional economics and conventional mindset. It introduces cutting-edge ideas from contemporary economics and corporate management theory, as well as perspectives on organizational learning and innovation (Raghavan himself is one of the founders of this emerging discipline), into the examination of corporate governance. The publication of this book, along with its novel viewpoints, strong logical rigor, and solid empirical evidence, undoubtedly serves as a fresh and long-awaited source of inspiration for both the Chinese business and academic communities. It is bound to have a significant impact on China's corporate reforms and the selection of corporate governance models, with a value far surpassing the currently popular books on board operations. Based on the theory of corporate innovation, this book proposes a completely new set of perspectives on corporate governance. Through an examination of corporate governance, corporate organizational capabilities, and the historical evolution of capital markets, the authors challenge the traditional shareholder value theory and its underlying foundations from an industry perspective that favors corporate innovation sources. Their viewpoints are refreshing and enable readers to understand the deeper significance of corporate governance from a completely new angle. This book is suitable for senior corporate executives and professionals specializing in corporate governance theory.