메뉴 건너뛰기




Volumn 1997, Issue 5, 1997, Pages 499-516

Zur kritik am shareholder value - Eine ökonomische analyse

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0348243329     PISSN: 03405370     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article
Times cited : (3)

References (60)
  • 1
    • 85005305538 scopus 로고
    • The Market for "Lemons": Quality and Uncertainty and the Market Mechanism
    • Akerlof, G. A., The Market for "Lemons": Quality and Uncertainty and the Market Mechanism, in: Quarterly Journal of Economics, Vol. 84, 1970, S. 488-500.
    • (1970) Quarterly Journal of Economics , vol.84 , pp. 488-500
    • Akerlof, G.A.1
  • 2
    • 0002530653 scopus 로고
    • The Firm is Dead, Long Live the Firm. A Review of Oliver E. Williamson's the Economic Institutions of Capitalism
    • Alchian, A. A., Woodward, S., The Firm is Dead, Long Live the Firm. A Review of Oliver E. Williamson's The Economic Institutions of Capitalism, in: Journal of Economic Literature, Vol. 26, Nr. 3, 1988, S. 65-79.
    • (1988) Journal of Economic Literature , vol.26 , Issue.3 , pp. 65-79
    • Alchian, A.A.1    Woodward, S.2
  • 5
    • 0002982288 scopus 로고
    • The Economics of Agency
    • Pratt, J. W., Zeckhauser, R. J., Boston
    • Arrow, K. J., The Economics of Agency, in: Pratt, J. W., Zeckhauser, R. J., Principals and Agents: The Structure of Business, Boston 1985, S. 37-54.
    • (1985) Principals and Agents: The Structure of Business , pp. 37-54
    • Arrow, K.J.1
  • 9
    • 3042985015 scopus 로고    scopus 로고
    • Shareholder Capitalism and Stakeholder Capitalism: Oder warum wir auf eine neue Form des Kapitalismus zugehen
    • Bosshart, D., Shareholder Capitalism and Stakeholder Capitalism: Oder warum wir auf eine neue Form des Kapitalismus zugehen, in: GDI-Impuls, Nr. 2, 1996, S. 26-38.
    • (1996) GDI-Impuls , Issue.2 , pp. 26-38
    • Bosshart, D.1
  • 12
    • 21844434254 scopus 로고    scopus 로고
    • A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance
    • Clarkson, M. B. E., A Stakeholder Framework for Analyzing and Evaluating Corporate Social Performance, in: Academy of Management Review, Vol. 20, Nr. 1, S. 92-117.
    • Academy of Management Review , vol.20 , Issue.1 , pp. 92-117
    • Clarkson, M.B.E.1
  • 13
    • 0002071502 scopus 로고
    • The Problem of Social Cost
    • Coase, R. H., The Problem of Social Cost, in: The Journal of Law and Economics, Vol. 3, Nr. 1, 1960, S. 1-44.
    • (1960) The Journal of Law and Economics , vol.3 , Issue.1 , pp. 1-44
    • Coase, R.H.1
  • 16
    • 3042987657 scopus 로고
    • Power to the Workers?
    • Dahl, R. A., Power to the Workers?, in: New York Review of Books, Vol. 19, Nr. 11, 1970, S. 20-24.
    • (1970) New York Review of Books , vol.19 , Issue.11 , pp. 20-24
    • Dahl, R.A.1
  • 17
  • 18
    • 0009108248 scopus 로고
    • Public Participation in Corporate Planning - Strategic Management in a Kibitzer's World
    • 1975
    • Dill, W. R. (1975), Public Participation in Corporate Planning - Strategic Management in a Kibitzer's World, in: Long Range Planning, Vol. 8, Nr. 1, 1975, S. 57-63.
    • (1975) Long Range Planning , vol.8 , Issue.1 , pp. 57-63
    • Dill, W.R.1
  • 19
    • 84953510404 scopus 로고
    • Environment as an Influence on Managerial Autonomy
    • 1958
    • Dill, W. R. (1958), Environment as an Influence on Managerial Autonomy, in: Administrative Science Quarterly, Vol. 2, 1958, S. 409-433.
    • (1958) Administrative Science Quarterly , vol.2 , pp. 409-433
    • Dill, W.R.1
  • 20
    • 21844463321 scopus 로고
    • The Stakeholder Theory of the Corporation: Concepts, Evidence and Implications
    • Donaldson, T., Preston, L. E., The Stakeholder Theory of the Corporation: Concepts, Evidence and Implications, in: Academy of Management Review, Vol. 20, Nr. 1, 1995, S. 65-91.
    • (1995) Academy of Management Review , vol.20 , Issue.1 , pp. 65-91
    • Donaldson, T.1    Preston, L.E.2
  • 21
    • 0000962919 scopus 로고
    • A Stakeholder Theory of the Modern Corporation: Kantian Capitalism
    • Beauchamp, T. L., Bowie, N. E., Englewood Cliffs
    • Evan, W. M., Freeman, E. R., A Stakeholder Theory of the Modern Corporation: Kantian Capitalism, in: Beauchamp, T. L., Bowie, N. E., Ethical Theory and Business, Englewood Cliffs 1988, S. 97-106.
    • (1988) Ethical Theory and Business , pp. 97-106
    • Evan, W.M.1    Freeman, E.R.2
  • 22
    • 0000806744 scopus 로고
    • Agency Problems and the Theory of the Firm
    • 1980
    • Fama, E. F. (1980), Agency Problems and the Theory of the Firm, in: Journal of Political Economy, Vol. 88, Nr. 2, 1980, S. 288-307.
    • (1980) Journal of Political Economy , vol.88 , Issue.2 , pp. 288-307
    • Fama, E.F.1
  • 23
    • 0000480869 scopus 로고
    • Efficient Capital Markets: A Review of Theory and Empirical Work
    • 1970
    • Fama, E. F. (1970), Efficient Capital Markets: A Review of Theory and Empirical Work, in: The Journal of Finance, Vol. 25, 1970, S. 383-417.
    • (1970) The Journal of Finance , vol.25 , pp. 383-417
    • Fama, E.F.1
  • 25
    • 84968259983 scopus 로고
    • Stockholders and Stakeholders: A New Perspective on Corporate Governance
    • Freemann, R. E., Reed, D. L., Stockholders and Stakeholders: A New Perspective on Corporate Governance, in: California Management Review, Vol. 25, Nr. 3, 1983, S. 88-106.
    • (1983) California Management Review , vol.25 , Issue.3 , pp. 88-106
    • Freemann, R.E.1    Reed, D.L.2
  • 26
    • 3042950414 scopus 로고
    • Die Konzernrechnungslegung nach HGB, IAS und US-GAAP
    • Goebel, A., Die Konzernrechnungslegung nach HGB, IAS und US-GAAP, in: Der Betrieb, Nr. 50, 1995, S. 2489-2492.
    • (1995) Der Betrieb , Issue.50 , pp. 2489-2492
    • Goebel, A.1
  • 28
    • 0031086967 scopus 로고    scopus 로고
    • Multiple Stakeholder Orientation in UK Companies and the Implications for Company Performance
    • Greenley G. E., Foxall, G. R., Multiple Stakeholder Orientation in UK Companies and the Implications for Company Performance, in: Journal of Management Studies, Vol. 32, Nr. 2, 1997, S. 259-284.
    • (1997) Journal of Management Studies , vol.32 , Issue.2 , pp. 259-284
    • Greenley, G.E.1    Foxall, G.R.2
  • 29
    • 0028481089 scopus 로고
    • Creating Policy Alternatives Using Stakeholder Value
    • Gregory, R., Keeny, R. L., Creating Policy Alternatives Using Stakeholder Value, in: Management Sience, Vol. 40, Nr. 8, 1994, S. 1035-1048.
    • (1994) Management Sience , vol.40 , Issue.8 , pp. 1035-1048
    • Gregory, R.1    Keeny, R.L.2
  • 30
    • 0006153417 scopus 로고
    • On Value Maximization and Alternative Objectives of the Firm
    • Grossman, S. J., Stiglitz, J. E., On Value Maximization and Alternative Objectives of the Firm, in: The Journal of Finance, Vol. 32, Nr. 2, 1977, S. 389-402.
    • (1977) The Journal of Finance , vol.32 , Issue.2 , pp. 389-402
    • Grossman, S.J.1    Stiglitz, J.E.2
  • 31
    • 0001073135 scopus 로고
    • The Use of Knowledge in Society
    • Hayek, F. A., The Use of Knowledge in Society, in: The American Economic Review, Vol. 35, Nr. 4, 1945, S. 519-530.
    • (1945) The American Economic Review , vol.35 , Issue.4 , pp. 519-530
    • Hayek, F.A.1
  • 32
  • 34
    • 0000210848 scopus 로고
    • Market Liquidity and Performance Monitoring
    • Holmström, B., Tirole, J., Market Liquidity and Performance Monitoring, in: Journal of Political Economy, Vol. 101, Nr. 4, 1993, S. 679-709.
    • (1993) Journal of Political Economy , vol.101 , Issue.4 , pp. 679-709
    • Holmström, B.1    Tirole, J.2
  • 35
    • 84993848601 scopus 로고
    • The Modern Industrial Revolution, Exit and the Failure of Internal Control Systems
    • Jensen, M. C., The Modern Industrial Revolution, Exit and the Failure of Internal Control Systems, in: The Journal of Finance, Vol. 48, Nr. 3, 1993, S. 331-880.
    • (1993) The Journal of Finance , vol.48 , Issue.3 , pp. 331-880
    • Jensen, M.C.1
  • 36
    • 0025423265 scopus 로고
    • CEO Incentives - It's Not How Much You Pay, but How
    • May/June
    • Jensen, M.C, Murphy, K. J., CEO Incentives - It's Not How Much You Pay, But How, in: Harvard Business Review, Vol. 90, May/June 1990, S. 138-153.
    • (1990) Harvard Business Review , vol.90 , pp. 138-153
    • Jensen, M.C.1    Murphy, K.J.2
  • 37
    • 0016779859 scopus 로고
    • On the Folly of Rewarding A, while Hoping for B
    • Kerr, S., On the Folly of Rewarding A, While Hoping for B, in: Academy of Management Journal, Vol. 18, Nr. 4, 1975, S. 769-783.
    • (1975) Academy of Management Journal , vol.18 , Issue.4 , pp. 769-783
    • Kerr, S.1
  • 38
    • 25344457030 scopus 로고    scopus 로고
    • Rent-seeking in Organisationen - Eine ökonomische Analyse sozial schädlichen Verhaltens
    • 49. Jg.
    • Kräkel, M., Rent-seeking in Organisationen - eine ökonomische Analyse sozial schädlichen Verhaltens, in: Zeitschrift für betriebswirtschaftliche Forschung, 49. Jg., Nr. 6, S. 535-555.
    • Zeitschrift für Betriebswirtschaftliche Forschung , Issue.6 , pp. 535-555
    • Kräkel, M.1
  • 42
    • 3042915844 scopus 로고    scopus 로고
    • Aktien-Optionsprogramme' für das Top-Management
    • 49. Jg.
    • Menichetti, M., Aktien-Optionsprogramme' für das Top-Management, in: Der Betrieb, 49. Jg., Nr. 34, 1996, S. 1688-1692.
    • (1996) Der Betrieb , Issue.34 , pp. 1688-1692
    • Menichetti, M.1
  • 44
    • 0002530894 scopus 로고
    • Institutions and a Transaction-Cost Theory of Exchange
    • Alt, J. E., Stiepsle, K. A. (Hrsg.): Cambridge
    • North, D. C., Institutions and a Transaction-Cost Theory of Exchange, in: Alt, J. E., Stiepsle, K. A. (Hrsg.): Perspectives on Positive Political Economy, Cambridge 1990, S. 182-194.
    • (1990) Perspectives on Positive Political Economy , pp. 182-194
    • North, D.C.1
  • 46
    • 3042887017 scopus 로고    scopus 로고
    • Jedes dritte Unternehmen will eine internationale Bilanz
    • 21. Mai. 1997
    • O. V. (1997), Jedes dritte Unternehmen will eine internationale Bilanz, in: Blick durch die Wirtschaft, 21. Mai. 1997, S. 1.
    • (1997) Blick Durch die Wirtschaft , pp. 1
  • 47
    • 3042990136 scopus 로고    scopus 로고
    • Gradmesser für den Erfolg ist der Börsenkurs
    • 1996
    • O. V. (1996a), "Gradmesser für den Erfolg ist der Börsenkurs", in: Süddeutsche Zeitung Nr. 139, 1996, S. 17.
    • (1996) Süddeutsche Zeitung , Issue.139 , pp. 17
  • 48
    • 3042998032 scopus 로고    scopus 로고
    • The Need for Greed
    • 4. Mai 1996
    • O. V. (1996b), The Need for Greed, in: The Economist, 4. Mai 1996, S. 80.
    • (1996) The Economist , pp. 80
  • 49
    • 3042915841 scopus 로고    scopus 로고
    • Steuer- und Rechtsfragen bei der Mitarbeiterbeteiligung und der Einräumung von Aktienoptionen
    • 41. Jg.
    • Pelzer, M., Steuer- und Rechtsfragen bei der Mitarbeiterbeteiligung und der Einräumung von Aktienoptionen, in: Die Aktiengesellschaft, 41. Jg., Nr. 7, 1996, S. 307-315, hier S. 312-314.
    • (1996) Die Aktiengesellschaft , Issue.7 , pp. 307-315
    • Pelzer, M.1
  • 50
    • 0002293839 scopus 로고
    • Capital Choices: Changing the Way America Invests in Industries
    • 1992
    • Porter, M. E. (1992a), Capital Choices: Changing the Way America Invests in Industries, in: Journal of Applied Corporate Finance Vol. 5, Nr. 2, 1992, S. 4-16.
    • (1992) Journal of Applied Corporate Finance , vol.5 , Issue.2 , pp. 4-16
    • Porter, M.E.1
  • 51
    • 0026916527 scopus 로고
    • Capital Disadvantages: America's Failing Capital Investment System
    • 1992
    • Porter, M. E. (1992b), Capital Disadvantages: America's Failing Capital Investment System, in: Harvard Business Review Vol. 70, Nr. 8, 1992, S. 65-83.
    • (1992) Harvard Business Review , vol.70 , Issue.8 , pp. 65-83
    • Porter, M.E.1
  • 52
    • 44949291978 scopus 로고
    • Stakeholder Management and Corporate Performance
    • Preston, L. E., Sapienza, H. J., Stakeholder Management and Corporate Performance, in: The Journal of Behavioral Economics, Vol. 19, Nr. 4, 1990, S. 361-375.
    • (1990) The Journal of Behavioral Economics , vol.19 , Issue.4 , pp. 361-375
    • Preston, L.E.1    Sapienza, H.J.2
  • 55
    • 3042955602 scopus 로고
    • Vom Aktienwesen - Eine geschäftliche Betrachtung
    • Berlin
    • Rathenau, W., Vom Aktienwesen - Eine geschäftliche Betrachtung, in: Gesammelte Schriften, 5. Bd., Berlin 1918, S. 121-177.
    • (1918) Gesammelte Schriften , vol.5 , pp. 121-177
    • Rathenau, W.1
  • 57
    • 0010000409 scopus 로고
    • Asymmetrische Information
    • 60. Jg.
    • Spremann, K., Asymmetrische Information, in: Zeitschrift für Betriebswirtschaft, 60. Jg., Nr. 5/6, 1990, S. 561-586.
    • (1990) Zeitschrift für Betriebswirtschaft , Issue.5-6 , pp. 561-586
    • Spremann, K.1
  • 59
    • 84989040635 scopus 로고
    • Strategizing, Economizing, and Economic Organization
    • 1991
    • Williamson, O. E. (1991), Strategizing, Economizing, and Economic Organization, in: Strategic Management Journal, Vol. 12, 1991, S. 75-94.
    • (1991) Strategic Management Journal , vol.12 , pp. 75-94
    • Williamson, O.E.1
  • 60
    • 84881832826 scopus 로고
    • The Economics of Organization: The Transaction Cost Approach
    • 1981
    • Williamson, O. E. (1981), The Economics of Organization: The Transaction Cost Approach, in: American Journal of Sociology, Vol. 87, Nr. 3, 1981, S. 548-577.
    • (1981) American Journal of Sociology , vol.87 , Issue.3 , pp. 548-577
    • Williamson, O.E.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.