Disciplining and enabling action: corporate governance influencing corporate entrepreneurship
2003 (English)Report (Other academic)
Corporate governance has been inclined to focus on the disciplining aspect of governance mechanisms on listed corporations. We claim that a theory of corporate governance has to consider the enabling aspects of the mechanisms, and has to abandon the empirical focus on one single corporate governance structure, the company with privately transferable property rights. A model is proposed that through propositions explains the relationship between corporate governance and corporate entrepreneurship in two types of corporate governance structures, the company and the public non-profit association. Theoretically it is showed that different governance mechanisms influence risk behaviour and strategic opportunism differently, indicating that governance mechanisms have the capacity to restrain and stimulate corporate entrepreneurship.
Place, publisher, year, edition, pages
Kristianstad: Department of Business Studies, Kristianstad University College , 2003. , 25 p.
Working paper series, ISSN 1650-0636 ; 2003:6
Corporate governance, governance mechanisms, corporate entrepreneurship, property rights
IdentifiersURN: urn:nbn:se:hkr:diva-9416OAI: oai:DiVA.org:hkr-9416DiVA: diva2:534805