Differences and conflicts between owners and top managers in the context of social responsibility;Valdytojų ir vyresniųjų vadybininkų skirtumai ir konfliktai esant socialinei atsakomybei kontekste

Engineering Economics

Volumn 4, Issue 64, 2009, Pages 86-94

  Tafel Viia, Külliki ^a   Alas, Ruth ^a  

^a ESTONIAN BUSINESS SCHOOL   (Estonia)

Author keywords

Conflicts; Corporate social responsibility; Estonia; Owners; Top managers; Transition

Indexed keywords

EID: 70449491152     PISSN: 13922785     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (29)

1. Bercovitch, J. (1983). "Conflict and Conflict Management in Organizations: A Framework for Analysis", The Asian Journal of Public Administration, 5(2), December.
2. Chade, H., Vera de Serio, V. N. (2002). "Risk aversion, moral hazard, and the principal's loss", Economic Theory, 20, 637-644.
3. Davis, J. H., Schoorman, F. D., Donaldson, L. (1997). "Toward a Stewardship Theory of Management", Academy of Management Review, 22, (1), 20-47.
4. Demb, A., Neubauer, F.-F. (1992). The Corporate Board: Confronting the Paradoxes, USA: Oxford University Press.
5. Donaldson, L. (1990). "The Ethereal Hand: Organizational Economics and Management Theory", Academy of Management Review, 15(3), 369-381.
6. Ettevõtte haldamise teoreetilised alused' (2002), manuscript, Available at: http://www.local.ee/siim/ained/2002sygis/ettevotete_haldamine/konspekt1. doc.
7. Fama, E., Jensen, M. (1983). "Separation of Ownership and Control", Journal of Law and Economics, 26, 301-326.
8. Freeman, R. E., Reed, D. L. (1983). "Stockholders and Stakeholders: A New Perspective on Corporate Governance", California Management Review, XXV (3), 80-106.
9. Friedman, M. (1970). 'The Responsibility of Business is to Increase Its Profits", New York Times Magazine, (September 13).
10. Gerndorf, K. (1998). Corporate Governance, manuscript, Tallinn: Tallinn University of Technology.
11. Hendry, K., Kiel, G. C., (2004). "The Role of the Board in Firm Strategy: Integrating agency and organizational control perspectives", Corporate Governance, 12(4), 500-520.
12. Hirvonen, A., Niskakangas, H., Steiner, M. L. (2003). Corporate Governance: Hyvä omistajaohjaus ja hallitustyöskentely, Finland, Helsinki: WSOY.
13. Katz, D. (1964). "Approaches to Managing Conflict", in Power and Conflict in Organizations, ed. By R. L. Kahn and K. E. Boulding, New York: Basic Books, 105-114.
14. Letza, S., Sun, X., Kirkibride, J. (2004). "Shareholding versus stakeholding: a critical review of corporate governance", Corporate Governance, 12(3), 242-262.
15. McColgan, P. (2001). "Agency theory and corporate governance: a review of the literature from a UK perspective", Glasgow: University of Strathclyde, Department of Accounting and Finance. Available at:http://accfinweb.account.strath.ac.uk/wps/journal.pdf
16. McWillams, A., Siegel, D. (2001). "Corporate Social Responsibility: A Theory of the Firm Perspective", Academy of Management Review, 26(1), 117-127.
17. Miller, D. S., Catt, S. E., Carlson, J. R. (1996). Fundamentals of management: A framework for excellence, West Publishing Company.
18. th. Available at: http://www.valt.helsinki.fi/yhis/ebha2002/papers/pajunen.pdf
19. Robbins, S. P. (1974). Managing Organizational Conflict: A Non-Traditional Approach, Englewood Cliffs, N. J.: Prentice-Hall.
20. Shleifer, A., Vishny, R. (1989). "Management Entrenchment: The Case of Manager-Specific Investments", Journal of Financial Economics, 25(1), 123-139.
21. Singer, K. (1949). "The Meaning of Conflict", Australian Journal of Philosophy, 27(3), 141-157.
22. Takala, T., Pallab, P. (2000). "Individual, Collective and Social Responsibility of the Firm", Business Ethics - a European Review, 9(2), 109-118.
23. rd ed. London.
24. Turnbull, S. (1997). "Corporate Governance: Its Scope, Concerns and Theories", Corporate Governance, 5(4), 180-205.
25. van Marrewijk, M. (2003). "Concepts and definitions of CSR and Corporate Sustainability: Between Agency and Communication", Journal of Business Ethics, 44(2/3), 95-105.
26. Väänanen, J. (2005). "Corporate Governance: Mechanisms to Align Interests of Owners and Managers". Available at: http://www.tuta.hut.fi/studies/Courses_and_schedules/Isib/TU-91.167/semi nar_papers_2005/Janne_Vaananen.pdf
27. Wartick, S. L., Cochran, P. L. (1985). "The evolution on the corporate social performance model", Academy of Management Review, 10, 758-60.
28. Wirtz, P. (2002). "Opportunism, stewardship, and the dynamics of conflict in a theory of corporate governance", Available at: http://ungaro.ubourgogne.fr/WP/ 1020101.pdf
29. Übius, Ü., & Alas, R. (2009). Organisational culture types forecast corporate social responsibility. Inzinerine Ekonomika-Engineering Economics(1), 90-99.