Corporations in evolving diversity : cognition, governance, and institutions / by Masahiko Aoki.

Format:

Book

Author/Creator:

Aoki, Masahiko.

Series:

Clarendon Lectures in Management Studies

Language:

English

Subjects (All):

Industrial organization (Economic theory).

Corporate governance.

Physical Description:

1 online resource (227 p.)

Place of Publication:

Oxford ; New York : Oxford University Press, 2010.

Language Note:

English

Summary:

The present global economic crisis demands we look anew at the role of corporations & the working of financial markets around the world. In this book, one of our most eminent economists provides a compelling new analysis of the firm; the role of shareholders, managers & workers; & institutional governance structures.

Contents:

Contents; Preface; List of Figures; List of Tables; 1 Introduction: What Do Corporations Do?; 2 Varied Frames of Corporate Cognition and Self-Governance; 2.1 Integrating architectural and governance perspectives; 2.2 A cognitive perspective: why and how?; 2.3 Building blocks of organizational architecture; 2.3.1 Elemental modal units of associational cognition; 2.3.2 Human cognitive assets, and physical assets as extended cognitive resources; 2.3.3 Essentiality of cognitive assets; 2.4 Five generic modes of corporate cognition and their implications for governance

2.4.1 H-mode (H-E): The unilateral essentiality of MCA and private-contract-based governance2.4.2 G-mode (S-E/S): The embedded, bilateral quasi-essentialities of MCA and WCA and their co-governance; 2.4.3 S-mode (S-S): The symmetric quasi-essentialities of MCA and WCA and relational contingent governance; 2.4.4 SV-mode (S-E): Tournament-like governance of the potential essentialities of WCA; 2.4.5 RE-mode (H-S/E): The reciprocal essentialities of MCA and WCA and its external monitoring; 2.5 Frames of organizational games at societal, organizational, and individual levels

2.5.1 At societal level2.5.2 On the organizational field; 2.5.3 Within individual corporations; 3 Political and Social Games Corporations Play; 3.1 Beyond economics; 3.2 Heuristic characterizations of the societal rules; 3.3 Institutional complementarities of political and corporate governance; 3.3.1 Law, politics, or neither?; 3.3.2 A generic model of the comparative political state; 3.3.3 A strategy-based conceptualization of institutional complementarities; 3.3.4 Institutional complementarities in democratic states; 3.3.5 Evolutionary bifurcation of the developmental state

3.3.6 Private politics and corporate self-regulation3.4 Social exchanges that corporations are embedded in; 3.4.1 A third way to social norms; 3.4.2 The social-exchange game and social capital; 3.4.3 Linked games; 3.4.4 Social exchanges on work sites; 3.4.5 Does the sharemarket internalize corporate social capital?; 4 The Evolution of the Rules of the Societal Games; 4.1 Contested issues in institutional analysis; 4.1.1 Pre-play design vs. spontaneous order; 4.1.2 Deontic constraints vs. rational choices; 4.1.3 Endogenous vs. exogenous views of the societal rules

4.1.4 Regularity of agents' actions vs. societal cognitive categories4.1.5 Toward a three-level approach; 4.2 The societal rules as shared cognitive frames; 4.2.1 Shared beliefs via institutions; 4.2.2 The limits of methodological individualism; 4.3 The co-evolution of the societal rules; 4.3.1 Inter-domain interactions; 4.3.2 Organizations evolving; 4.3.3 Actions to beliefs to actions and so on; 5 The Evolving Diversity of the Corporate Landscape; 5.1 What happened to Japanese corporations in the "Lost Decade"?; 5.1.1 Data: the emergence of hybrids

5.1.2 Interpretation: transitory phenomena or an emerging diversity?

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

9786612544347

0-19-157257-8

1-282-54434-9

OCLC:

922969863