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on History and Philosophy of Economics |
By: | Enrique Yacuzzi |
Abstract: | This paper is a primer on corporate performance, corporate governance, and their interrelationships and measurement systems, with particular focus on Small and Medium- Sized Enterprises (SMEs). This is the first report of a larger on going research project. In the domain of performance measurement the paper describes the trend from financial to non-financial measures, as well as a taxonomy of measures and the impact of the TQM movement on measurement practices. In the domain of governance, governance as a general concept is presented, followed by the more specific concept of corporate governance. Four theories of corporate governance are explained, along with literature findings on the relationship between corporate governance and corporate performance, with reference to both works on large firms and works on SMEs. |
Keywords: | Corporate governance, corporate performance, measurement, small and medium-sized enterprises (SMEs) |
JEL: | G30 G34 L25 M11 |
Date: | 2005–06 |
URL: | http://d.repec.org/n?u=RePEc:cem:doctra:293&r=hpe |
By: | Simon C Parker |
Abstract: | This introductory, non-technical, article offers a reflective overview of what Economics adds to our understanding of entrepreneurship. It is designed primarily to showcase to young entrepreneurship scholars several interesting research questions and a toolbox of methods to answer them. First, I will illustrate the kinds of questions that can be posed and answered using Economics. Then I will present and discuss a selective list of "canonical" theoretical and empirical models that form the intellectual bedrock of the Economics of Entrepreneurship. After that, I present and discuss some well-established theoretical contributions and empirical findings that have been generated by the approach. I conclude by discussing aspects of "What we don't know" and should. This part of the article identifies several ideal future trends in research that build on and complement the foundations of entrepreneurship that are delineated in the main body of the article. |
URL: | http://d.repec.org/n?u=RePEc:esi:egpdis:2005-18&r=hpe |
By: | Sharon A. Alvarez |
URL: | http://d.repec.org/n?u=RePEc:esi:egpdis:2005-19&r=hpe |
By: | Scott Shane |
URL: | http://d.repec.org/n?u=RePEc:esi:egpdis:2005-20&r=hpe |