A History of Corporate Governance around the World: Family Business Groups to Professional Managers

By Randall K. Morck. 2005

419 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d8fc1b502bfaaca1324fbdf3c0c7aafa2baef4b2

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

Citations in the corpus

Business Groups in Emerging Markets: Paragons or Parasites? (2007, background): “In India, some business groups were able to receive favorable treatment from the “License Raj” in certain periods (Khanna and Palepu, 2005).”
Institutional Investors and Institutional Environment: A Comparative Analysis and Review (2010, background): “Powerful families in these economies dominate their stock markets, which has caused other investors to prefer government bonds over equities (Aganin and Volpin, 2005).”
Assessing France's Joint Audit Requirement: Are Two Heads Better than One? (2006, background): “companies, and larger ‘‘inside’’ ownership by families that manage and effectively control many listed companies (Grier and Zychowicz 1994; La Porta et al. 1998; Morck 2005; Maury 2006; Roosenboom and Schramade 2006; Thomsen et al. 2006).”
The role of informal institutions in corporate governance: Brazil, Russia, India, and China compared (2011, background): “Morck (2005), Morck and Steier (2005), and Steier (2009) highlight the rent-seeking behavior and stifling of new entrants that can occur when large family business groups entrench themselves, particularly in emerging economies.”
Varieties of institutional systems: A contextual taxonomy of understudied countries (2016, background): “Instead, the primary institutional ‘driver’ of economic activity is often the state and/ or the extended family (Morck & Steier, 2005).6 Accordingly, our VIS framework integrates the VOC and NBS typologies, and also extends them by considering the role of the state and powerful families.”
Comparative and International Corporate Governance (2010, background): “As shall be discussed later, much of the comparative literature is concerned with explaining the origins and effects of blockholding around the world (Morck, 2005).”
The Dark Side of NY–LON: Financial Centres and the Global Financial Crisis (2013, neutral): “(2001, 2005) investigate London’s and Frankfurt’s relations as world cities, arguing that a simple competitive model is wholly inadequate to understand their development in the context of the launch of the euro.”