Prof. Rosario Faraci-Economia e Gestione delle Imprese (Capitolo 4)

"Corporate Governance Processes" - How relevant is the structure and composition of ownership to understanding how businesses function? How important are the formal and substantive mechanisms that govern the relationship between ownership and management? This fourth chapter of the book "Economia e Gestione delle Imprese" analyzes corporate governance processes, reinterpreting them both to better understand their theoretical foundations (starting with agency theory) and to grasp their evolutionary dynamics in a context where corporate ownership is becoming increasingly volatile and dominated by financial investors.