Corporate governance (CG) needs to acknowledge the intentional part of governance, where an actor of governance uses the set of corporate governance mechanisms in order to influence the agent to create a performance that will satisfy the interest of the principal. This paper offers a conception of this activity through the concept of governance strategy. The concept is derived within the context of agency theory and applied to two empirical organisations seldom investigated in CG research: the organisation of a riding school in a democratic not-for-profit association and the organisation of multinational corporations in a business group. ; The project is financed by The Bank of Sweden Tercentenary Foundation. An earlier version was presented at the Academy of Management Conference, Atlanta. Georgia, August 11-16, 2006. The paper has benefited from comments by Elin Smith, Kristianstad University.
Corporate governance reforms are implemented around the world and may impact upon the population worldwide. In developing countries, such reforms are implemented in a broader context that is primarily defined by previous attempts of promoting “development” and recent processes of economic globalization. In this context, corporate governance reforms (in combination with the liberalization reforms associated with the economic globalization), in effect, represent a new development strategy for third world countries. The basic questions arising with respect to this situation are: what are the prospects for this new development model and whether alternatives should be considered.
Berthold Kuhn argues with his four theses for a reconsideration of China in political science. He rightly notes here that the predictions of an impending political upheaval have so far always proven wrong. Their heyday had such analyzes after the suppression of the protest movement of 1989 and the simultaneous transitions of the Soviet Union and its socialist allies in Central and Eastern Europe. Last saw contributions following the transition paradigm to mark the change in China's party and government in late 2012 and early 2013 a renewed economic (see Li 2012; Pei 2012; Nathan, 2013). Adapted from the source document.