Under the background of E-business development, logistics industry has played more and more important role in economy development and social development. The paper focuses on the influencing factors of corporate competence in logistics industry in China. From perspective of industry economy, we take firm size into account, while from perspective of corporate resource theory, we take human resou...

This paper critiques the principle of shareholder value and offers an alternative paradigm. We consider different theories describing the corporation and its relationship with shareholders, concluding that much of the modern academic discourse on corporate governance centres around the notion of the firm as a contractual arrangement. We provide a full critique of shareholder primacy from an eco...

In The Modern Corporation and Private Property (1932), Berle and Means warned of the concentration of economic power brought on by the rise of the large corporation and the emergence of a powerful class of professional managers, insulated from the pressure not only of stockholders, but of the larger public as well. In the tradition of Thomas Jefferson, Berle and Means warned that the ascendance...

External regulation is an important mechanism to improve corporate behavior in emerging markets. China's insurance governance regulation, which began to supervise and guide insurance corporate governance behavior in 2006, has experienced a complex process of reform. This study tested our hypotheses with a sample of 85 firms during 2010-2011, which was obtained by providing a questionnaire to al...

This paper reports substantial differences in the ownership and control of companies across countries both in terms of concentration of control and the type of investor exerting control. It reports significant differences not only between Anglo-American and Continental European systems but also between the UK and US and within Continental Europe. Voting blocks are concentrated at levels at whic...

This paper empirically investigates the determinants of supermarkets' assortment composition and assortment size decisions. We define measures of assortment similarity and use a unique cross-sectional store-level data set to analyze how assortment composition and assortment size are related to underlying factors that describe local store clientele, local competitive structure, and the retailorg...

Prior studies have reported mixed findings on the impact of corporate information technology (IT) investment on firm performance. This study investigates the effect of corporate governance, an important management control mechanism, on the relation between IT investment and firm performance in the Taiwanese electronics industry. Specifically, we explore board independence and foreign ownership,...