Very little empirical research exists that attempts to measure the effectiveness of corporate governance on innovativeness. For this it is crucial to consider the two main approaches (agency theory and stewardship theory) to corporate governance. However, the theory of corporate governance is strongly influenced by agency theoretical considerations. This book, first, attempts to show the relationship between corporate governance mechanisms and innovativeness. Thereby, the agency approach to corporate governance is questioned. Further, the influence of culture as an external variable to...
Very little empirical research exists that attempts to measure the effectiveness of corporate governance on innovativeness. For this it is crucial...