Comparative Institutional Analysis of Corporate Governance
Comparative Institutional Analysis of Corporate Governance
This chapter applies a ‘comparative institutional analysis’ approach to CG. It criticizes the property right approach for being a special case, and develops a more general model of governance with shifting allocations of property rights to different internal and external actors, contingent to the overall economic performance of the firm. This contingent relational governance solution is deemed to be complementary with an uncontingently horizontal organization, at least in innovative activities. The Silicon Valley model is discussed as supportive evidence of this mode of CG.
Keywords: comparative institutional analysis, property right theory, horizontal organization, contingent governance, relational governance, Silicon Valley
Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
Please, subscribe or login to access full text content.
If you think you should have access to this title, please contact your librarian.
To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .