| Document Type
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BL
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| Record Number
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950147
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| Doc. No
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b704517
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| Title & Author
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Ownership and governance of enterprises : : recent innovative developments /\ edited by Laixiang Sun.
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| Publication Statement
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Basingstoke, Hampshire ;New York :: Palgrave Macmillan,, ©2003.
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| Series Statement
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Studies in development economics and policy
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| Page. NO
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1 online resource (xiv, 261 pages) :: illustrations.
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| ISBN
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1280221003
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: 1403916330
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: 1403943907
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: 6610221006
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: 9781280221002
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: 9781403916334
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: 9781403943903
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: 9786610221004
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| Notes
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"In association with the United Nations University/World Institute for Development Economics Research."
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| Bibliographies/Indexes
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Includes bibliographical references and index.
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| Contents
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List of Tables -- List of Figures -- Preface -- Acknowledgements -- List of Abbreviations -- Notes on the Contributors -- Adaptive Efficiency and the Evolving Diversity of Enterprise Ownership and Governance Forms: An Overview; L. Sun -- Institutional Investors, Corporate Ownership and Corporate Governance: Global Perspectives; S.L. Gillan & L.T. Starks -- New Institutional Arrangements for Product Innovation in Silicon Valley; H. Takizawa -- Sharing Ownership via Employee Stock Ownership; J.C. Sesil, D.L. Kruse & J.R. Blasi -- Hardening a Soft Budget Constraint through 'Upward Devolution' to a Supranational Institution: The Case of the European Union and Italian State-Owned Firms; E. Bertero & L. Rondi -- Evolving and Functioning Mechanisms of Employee Stock Ownership in China's Township and Village Enterprises; L. Sun -- Network Externalities and Cooperative Networks: Stylized Facts and Theory; S.C. Smith -- Network Externalities and Cooperative Networks: A Comparative Case Study of Mondrag̤n and La Lega with Implications for Developing and Transitional Countries; S.C. Smith -- Index.
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| Abstract
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Conventional wisdom recommends the superiority of private ownership of enterprises. The reality confronts it with a rich diversity in ownership and governance structures. This volume examines five types of unorthodox ownership and governance form emerging in the industrial sector across major economies. It analyses two cases to demonstrate that there are alternative ways to harden budget constraints of state-owned enterprises. It investigates what forces have driven these new developments and what functioning mechanisms have underlain the adaptive dynamics. It also looks at relevant policy implications for developing and transition economies. Thanks to the expanding role of these innovative ownership and governance forms in both the developed and developing economies, the perspectives and analyses presented in this book are of vital interest to various business people such as investment bankers, corporate lawyers, and business consultants, as wells as to regulators, policy-makers and scholars.
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| Subject
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Corporate governance, Case studies.
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Corporations, Case studies.
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Industrial management, Case studies.
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Stock ownership, Case studies.
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| Subject
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BUSINESS ECONOMICS-- Industries-- General.
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| Subject
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Corporate governance.
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Corporations.
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Industrial management.
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Stock ownership.
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| Subject
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Bedrijfsbeleid.
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| Dewey Classification
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338.6
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| LC Classification
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HD2741.O87 2003eb
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| Added Entry
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Sun, Laixiang,1957-
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