What are the main implications of the 'shareholder' and 'stakeholder' models of corporate governance for the development of long-term human resource strategies?

Business & Finance, Management & Leadership, Management
Cover of the book What are the main implications of the 'shareholder' and 'stakeholder' models of corporate governance for the development of long-term human resource strategies? by Michael Hoffmann, GRIN Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Michael Hoffmann ISBN: 9783638863841
Publisher: GRIN Publishing Publication: November 22, 2007
Imprint: GRIN Publishing Language: English
Author: Michael Hoffmann
ISBN: 9783638863841
Publisher: GRIN Publishing
Publication: November 22, 2007
Imprint: GRIN Publishing
Language: English

Seminar paper from the year 2007 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, London School of Economics, course: International and Comparative Human Resource Management, 11 entries in the bibliography, language: English, abstract: The purpose of this essay is to point out how far a particular type of corporate governance determines human resource strategy and to what extent different HR strategies can be and are used in different systems of corporate governance. In this case the covered types of corporate governance are the 'shareholder' and the 'stakeholder' model. Generally, corporate governance is a matter of who owns the rights and the authority to make and influence companies' decisions, which objectives are aligned and how it is controlled if executed decisions are together good ones. Corporate governance systems differ especially from the unequal role of shareholders and stakeholders, wherefore there exists the distinction between the 'shareholder' and the 'stakeholder' model of corporate governance. These differences have an important impact on the orientation of organizations' HR-strategies, which are becoming more important for enhancing companies' success. It suggests for this analysis to make a comparison between German and US corporations, which represent both a different type of corporate governance, as we are going to show. Before reviewing the implications concerning the specified above issue, first of all it is necessary to confront and define the main differences between the two mentioned models of corporate governance in Germany and the United States.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Seminar paper from the year 2007 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, London School of Economics, course: International and Comparative Human Resource Management, 11 entries in the bibliography, language: English, abstract: The purpose of this essay is to point out how far a particular type of corporate governance determines human resource strategy and to what extent different HR strategies can be and are used in different systems of corporate governance. In this case the covered types of corporate governance are the 'shareholder' and the 'stakeholder' model. Generally, corporate governance is a matter of who owns the rights and the authority to make and influence companies' decisions, which objectives are aligned and how it is controlled if executed decisions are together good ones. Corporate governance systems differ especially from the unequal role of shareholders and stakeholders, wherefore there exists the distinction between the 'shareholder' and the 'stakeholder' model of corporate governance. These differences have an important impact on the orientation of organizations' HR-strategies, which are becoming more important for enhancing companies' success. It suggests for this analysis to make a comparison between German and US corporations, which represent both a different type of corporate governance, as we are going to show. Before reviewing the implications concerning the specified above issue, first of all it is necessary to confront and define the main differences between the two mentioned models of corporate governance in Germany and the United States.

More books from GRIN Publishing

Cover of the book Kognitive und psychophysiologische Verarbeitungsmechanismen bei der Panikstörung und bei Personen mit einem erhöhten Risiko für die Panikstörung by Michael Hoffmann
Cover of the book Microeconomic and Macroeconomic Effects of TTIP (Transatlantic Trade and Investment Partnership) by Michael Hoffmann
Cover of the book Robert Rauschenberg's 'Combines' - Masterpieces of the New Sensibility - Between Abstract Expressionism and Pop Art by Michael Hoffmann
Cover of the book Management Accounting at J Sainsbury plc by Michael Hoffmann
Cover of the book The Liberty of Religious Rights and Religious Education in the Frame of the State Legislation in Hungary by Michael Hoffmann
Cover of the book The representation of immigrant life in Upton Sinclair's 'The Jungle' by Michael Hoffmann
Cover of the book Braking Systems in Microlight Air Planes by Michael Hoffmann
Cover of the book Scandinavian-American English - Tracing Influences of the Scandinavian Immigrants Languages on English in the United States by Michael Hoffmann
Cover of the book A guide through waveform analysis by Michael Hoffmann
Cover of the book The Society of Maycomb and its Influence on Jem and Scout in 'To Kill a Mockingbird' by Harper Lee by Michael Hoffmann
Cover of the book Under-Mining the Power of Communities by Michael Hoffmann
Cover of the book The nexus between institution and stochastic growth in selected Sub-Saharan African countries. Evidence from dynamic panel data analysis by Michael Hoffmann
Cover of the book Biblical parallels in Herman Melville´s Billy Budd, Sailor: An Inside Narrative by Michael Hoffmann
Cover of the book Shakespeare's Authorship Question. A Short Input to a Long Discussion by Michael Hoffmann
Cover of the book Challenges and opportunities for the innovation of novel drugs by Michael Hoffmann
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy