Advanced Search
MyIDEAS: Login to save this paper or follow this series

Governance and Ownership: Theoretical Framework of Research

Contents:

Author Info

  • Mike Franz Wahl

    ()
    (School of Economics and Business Administration, Tallinn University of Technology)

Registered author(s):

    Abstract

    This article reviews practical and theoretical aspects of ownership research and corporate governance in a historical view. Whom and what is a business for? The answer once seemed clear, but no longer. Jyrki Veranen (1996) argues that the governing of the company should be based on a model that allows the owners to control and support the management. Martin Hilb (2006) argues that ownership has been replaced by investment, and a company’s assets are increasingly found in its people. Ownership history and knowledge of relevant contextual factors help to frame the “right” questions to ask in our research efforts. An historical summary of ownership research is given. The term “corporate governance” has come to mean many things; it involves various problems of asymmetric information and incomplete contracts that generate a need for public policy responses to mitigate market failures and ensuring that companies move towards “good” corporate governance. It seems that all research on corporate governance is actually research on ownership. Ownership research needs delicate and sensitive information. This author is further developing a typology of capital company owners in Estonia, using cluster analysis.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://deepthought.ttu.ee/majandus/tekstid/TUTWPE_08_179.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Tallinn School of Economics and Business Administration, Tallinn University of Technology in its series Working Papers with number 179.

    as in new window
    Length: 14
    Date of creation: 2008
    Date of revision:
    Publication status: Published in Working Papers in Economics.School of Economics and Business Administration,Tallinn University of Technology (TUTWPE), Pages 149-162
    Handle: RePEc:ttu:wpaper:179

    Contact details of provider:
    Postal: Kopli tn. 101, 11712 Tallinn
    Phone: +(372)620 3535
    Fax: +(372)620 3946
    Email:
    Web page: http://majandus.ttu.ee
    More information through EDIRC

    Related research

    Keywords: corporate governance; ownership structure; history; classification; Estonia;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Djankov, Simeon & Murrell, Peter, 2002. "Enterprise Restructuring in Transition: A Quantitative Survey," CEPR Discussion Papers 3319, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ttu:wpaper:179. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Urve Venesaar).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.