...n. 4, 42-63, 42. 6 Dunning, John H, The Globalization of Business %) -2 (London and New Yorlt 1993). with the ways in which suppliers of finance to corporations...themselves of getting a return on their investment." The same two authors underline that their "perspective on corporate governance is a straightforward...

...relating to the scope of the concept itself. Some commemators limit corporate governance to dealing with 'the ways in which suppliers of finance to corporations...themselves of getting a return on their investment' (Shleifer and Vishny 1997, p. 737); more hroadly conceived. however, it refers to the mechanisms hy...

...relating to the scope of the concept itself. Some commentators limit corporate governance to dealing with 'the ways in which suppliers of finance to corporations assure themselves of gening a return on their investment' (Shleifer and Vishny 1997, p. 737); more hroadly conceived, however,...

...corporate governance, the conventional approach is agency theory. In the words of a recent survey, "Corporate governance deals with the ways in which...corporations assure themselves of getting a return on their investment".1 International comparisons in this tradition have devoted most of their attention to the...

...literature in finance, Shleifer and Vishny (1997, p. 738) define corporate governance as the process "that deals with the ways in which suppliers of finance...themselves of getting a return on their investment," and readily admit that their ". . . perspective on corporate governance is a straightforward agency...

...to all investors in the firm is broader than the definition of Shleifer and Vishny (1997), for whom "corporate governance deals with the ways in which...themselves of getting a return on their investment." (p. 737). 5. I borrow this phrase from Greif (1997), who emphasizes the importance of this difference...

...of the profit-maximizing firm. Recently it has been put in more blunt terms by Shleifer and Vishny: "corporate governance deals with the ways in which...themselves of getting a return on their investment" (1997:737). These ways may include the design of an appropriate private incentive contract for the...

...Tricker ( 1997:71 ). Economists Shleifer and Vishny (1997:737) define corporate governance narrowly, as the ways in which suppliers of finance to corporations...themselves of getting a return on their investment. Why this definition is narrow will become more and more apparent as this book unfolds. 1 1. This is...

...owners, directors, and managers." Shleifer and Vishny (1997) provide the much narrower definition of: "ways in which suppliers of finance to corporations...themselves of getting a return on their investment." 9 Providing another perspective, the guidelines of the Organisation for Economic Co-operation and Development...

...owners, directors, and managers." Shleifer and Vishny (1997) provide the much narrower definition of: "ways in which suppliers of finance to corporations assure themselves of getting a return on their investment."9 Providing another perspective, the guidelines of the Organisation for Economic Co-operation...