Corporate Strategies – The Institutional Approach
AbstractThe present paper introduces a model of corporate strategies, based on institutional theories of the firm and formalized with the concepts of the theory of games. Corporate strategies are balanced outcomes of four social games: capital market, corporate governance, product market and social responsibility. Two empirical applications of the model are then introduced: a qualitative one, consisting in comparative study of strategies deployed by Royal Dutch Shell and Israel Corporation, then a quantitative one, presenting a study of capital accumulation and operational efficiency in 79 companies listed in the Warsaw Stock Exchange.
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Bibliographic InfoArticle provided by ASERS Publishing in its journal Journal of Advanced Research in Management.
Volume (Year): II (2011)
Issue (Month): 1 (June)
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Web page: http://www.asers.eu/journals/jarm.html
institutional economics; strategy; corporation;
Other versions of this item:
- D00 - Microeconomics - - General - - - General
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- G1 - Financial Economics - - General Financial Markets
- G3 - Financial Economics - - Corporate Finance and Governance
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