- Tytuł:
- The motivation of business leaders in socialist and market-based systems (An essay to celebrate the 90th birthday of János Kornai)
- Autorzy:
- Mihályi, Peter
- Powiązania:
- https://bibliotekanauki.pl/articles/943138.pdf
- Data publikacji:
- 2017-09-30
- Wydawca:
- Uniwersytet Ekonomiczny w Poznaniu
- Tematy:
-
comparative systems
corporate governance
principal-agent theory - Opis:
- Janos Kornai was well ahead of mainstream economic thought in comprehending that senior executives have been operating in an intrinsically contradictory situation both in socialist and market-based economies and that there is no full remedy to handle conflicts of interest which arise. Kornai presented a comprehensive theory on this in his most important book, the Anti-Equilibrium, as early as 1971. The difficulties experienced by state-owned enterprises (SOEs) were not rooted merely in the socialist ownership form, but they were, to a significant extent, caused by the fact that SOEs were typically very large firms.
- Źródło:
-
Economics and Business Review; 2017, 3(17), 3; 100-111
2392-1641 - Pojawia się w:
- Economics and Business Review
- Dostawca treści:
- Biblioteka Nauki