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Erschienen in:
Buchtitelbild

2002 | OriginalPaper | Buchkapitel

Introduction

verfasst von : Dr. Jens Köke

Erschienen in: Corporate Governance in Germany

Verlag: Physica-Verlag HD

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Corporate governance is the complex system of control mechanisms by which “the suppliers of finance to corporations assure themselves of getting a return on their investment” (Shleifer and Vishny, 1997: 737). The classical problem of corporate governance is the separation of ownership and control, or more exactly, the agency costs which result from a divergence of interest between the owners and the managers of the firm (Berle and Means, 1932; Jensen and Meckling, 1976).

Metadaten
Titel
Introduction
verfasst von
Dr. Jens Köke
Copyright-Jahr
2002
Verlag
Physica-Verlag HD
DOI
https://doi.org/10.1007/978-3-642-57504-4_1