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New corporate governance

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New corporate governance

New Corporate GovernanceMartin HilbNewCorporate GovernanceSuccessful Board Management ToolsSpringerMartin HilbUniversity of St. GallenIFPM Center for

New corporate governance Corporate Governance Dufourstrasse 40 a 9000 St. GallenSwitzerlandCataloging-in-Publication DataLibrary of Congress Control Number: 2004110250ISBN 3-

540-21399-6 Springer Berlin Heidelberg New YorkThis work is subject to copyright. All rights are reserved, whether the whole or part of the material i New corporate governance

s concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilm or in any

New corporate governance

other way, and storage in data banks. Duplication of this publication or parts thereof is permitted only under the provisions of the German Copyright

New Corporate GovernanceMartin HilbNewCorporate GovernanceSuccessful Board Management ToolsSpringerMartin HilbUniversity of St. GallenIFPM Center for

New corporate governanceecution under the German Copyright Law.Springer is a part of Springer Science+Business Mediaspringeronline.com© Springer Berlin • Heidelberg 2005Print

ed in GermanyThe use of general descriptive names, registered names, trademarks, etc. in this publication docs not imply, even in the absence of a spe New corporate governance

cific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.Hardcover-Design: Eri

New corporate governance

ch Kirchner, HeidelbergSPIN 1099753642/3130-5 4 3 2 1 0 - Printed on acid-free paperContentsForeword..................................................

New Corporate GovernanceMartin HilbNewCorporate GovernanceSuccessful Board Management ToolsSpringerMartin HilbUniversity of St. GallenIFPM Center for

New corporate governancebjectives..................................................70.3 Approach.....................................................80.4Definition of terms..

.......................................90.5The “New Corporate Governance” framework...................111Situational dimension........................ New corporate governance

.................151.1External business context..................................181.1.1Institutional context..................................181.1.2

New corporate governance

National context.......................................211.1.3Normative context......................................271.2Internal business context...

New Corporate GovernanceMartin HilbNewCorporate GovernanceSuccessful Board Management ToolsSpringerMartin HilbUniversity of St. GallenIFPM Center for

New Corporate GovernanceMartin HilbNewCorporate GovernanceSuccessful Board Management ToolsSpringerMartin HilbUniversity of St. GallenIFPM Center for

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