scholarly journals What Enron Means for the Management and Control of the Modern Business Corporation: Some Initial Reflections

2002 ◽  
Author(s):  
Jeffrey N. Gordon
Keyword(s):  
Business Corporation ◽  
Modern Business ◽  
And Control

scholarly journals Hobbes Meets the Modern Business Corporation

Polity ◽  
2021 ◽  
Vol 53 (1) ◽  
pp. 101-131 ◽  
Author(s):  
R.J.G. Claassen
Keyword(s):  
Business Corporation ◽  
Modern Business

Theory A, Theory B and Theory C of managing people at work

2021 ◽  
Vol 5 (1) ◽  
pp. 69-75
Author(s):  
Birendra Nath Singh
Keyword(s):  
Empirical Studies ◽  
Shop Floor ◽  
Scientific Management ◽  
Business Organization ◽  
Business Organizations ◽  
Research Gaps ◽  
Future Studies ◽  
Modern Business ◽  
And Control ◽  
The Impact

Managing people and productivity are prime concerns of modern business organizations. Many empirical studies were conducted during the era of scientific management (Taylor, 1911) to investigate What and How? McGregor’s (1960) epic theory — Theory X and Theory Y, categorizing all employees into two groups and prescribing methods to motivate and control them was the best. However, his findings also suffered strong criticisms, creating research gaps. The objective of this study was to investigate further and to conclude that there are three major groups named Theory A, Theory B, and Theory C. Amongst them, a middle group — Theory B is most dominant, having all capabilities to significantly influence productivity and prosperity of organizations. The methodology used was qualitative, based upon intensive and critical shop-floor observations. Since this study was not empirical, it had many limitations requiring further researches. Therefore, rightly recommended that future studies should correlate the impact of technological advancements upon motivations and productivity of the modern business organization (Veitch, 2018).

Incomplete Organizations

2020 ◽  
pp. 199-232
Author(s):  
Henry Hansmann ◽  
Reinier Kraakman ◽  
Richard Squire
Keyword(s):  
The State ◽  
Commercial Law ◽  
Legal Entity ◽  
Business Corporation ◽  
Modern Business ◽  
The Republic ◽  
Business Entities ◽  
Insolvency Proceedings ◽  
Personal Assets ◽  
Asset Partitioning

This chapter analyzes ancient Rome’s law of business entities from the perspective of asset partitioning, the delimiting of creditor collection rights based on the distinction between business assets and personal assets. Asset partitioning, which is an essential legal attribute of modern business forms such as the partnership and the business corporation, reduces borrowing costs by simplifying credit-risk assessment and expediting insolvency proceedings. The chapter finds that ancient Roman business arrangements, such as the societas and the slave-run business endowed by the slaveowner with a peculium, did not give business creditors the first claim to business assets, making these forms of organization non-entities according to the criterion of asset partitioning. It appears that the only true legal entity used to form profit-seeking firms was the societas publicanorum, which roughly resembled the modern limited partnership. But use of that form was generally confined to firms that provided public services under contract with the state. Moreover, the societas publicanorum was essentially a creature of the Republic, and was largely abandoned during the Empire. Although Rome had a complex economy and sophisticated commercial law, and was familiar with most of the types of asset partitioning seen in modern legal systems, it ultimately failed to develop legal entities for general use in commerce. Apparent reasons include the Roman aristocracy’s disparagement of commerce, the emperors’ wariness of strong organizations outside the state, and the society’s continuing reliance on the family—a durable and complex legal entity in its own right—to handle many commercial needs.

Do Managers Understand Importance of Securing IT Resources?

2015 ◽  
Vol 7 (1) ◽  
pp. 52-64
Author(s):  
Nadianatra Musa ◽  
Vishv Malhotra ◽  
Trevor Wilmshurst
Keyword(s):  
Information Infrastructure ◽  
Senior Management ◽  
Business Organization ◽  
Critical Component ◽  
Business Organizations ◽  
Direct Role ◽  
Information Infrastructures ◽  
It Resources ◽  
Modern Business ◽  
And Control

Information infrastructures and resources has become critical component of the modern business and non-business organizations. In turn this dependence makes these organizations vulnerable to any significant failure in their information infrastructures and resources. Literature is full of examples of the companies suffering major losses and even demise as a result of information infrastructure and resources failures. To mitigate this vulnerability the senior management and governance of the organizations needs to pay direct role and attention to protect their critical information infrastructures and resources. This paper provides some results of a study we conducted recently to determine how the senior management of Malaysian business organizations view and control the information infrastructure and resources in their organizations to mitigate vulnerabilities to this critical component of their business organization.

Information for business — the future of Scotland

1979 ◽  
Vol 1 (3) ◽  
pp. 177-179 ◽  
Author(s):  
J.A. Kennerley
Keyword(s):  
Information System ◽  
Monitoring And Control ◽  
Business Information ◽  
Demand Structure ◽  
Information Demand ◽  
The Future ◽  
Modern Business ◽  
And Control

In this paper the author distinguishes between the busi ness manager's task of making decisions and the supervisor's role of monitoring and control, and urges that the former must be aware of the modern business information system. The importance of firms developing an 'Information Demand Structure' is discussed to allow the making of instant com parisons of various courses of action in response to informa tion on events which are outside of their usual planning and which are likely to affect their business.

FINANCIAL ACCOUNTING AND REPORTING IN SMALL FIRMS

1996 ◽  
Vol 04 (02) ◽  
pp. 163-182
Author(s):  
A.J.M. Humayun Murshed
Keyword(s):  
Decision Making ◽  
Financial Reporting ◽  
Small Firms ◽  
Financial Statements ◽  
Financial Accounting ◽  
Organizational Decision Making ◽  
Business World ◽  
Degree Of Satisfaction ◽  
Modern Business ◽  
And Control

Small firms’ role in the modern business world is well recognized. Despite such recognition, there exists a dearth of research in small firms, particularly in understanding the implications of accounting and finance. This paper reports the results of an empirical study carried out on the financial accounting and reporting of small firms in Bangladesh. Financial reporting does not seem to be important in these firms except for complying with tax formalities. No systematic way of presenting financial figures among the firms was observed. Most firms’ financial statements do not provide any database for organizational decision making. The managers have a high degree of satisfaction, particularly with the format used in presenting financial statements. On the contrary, they hardly use those financial statements in organizational decision making and control. They prefer to use a simple form of financial statement and show almost no concern for users’ need and attaining financial control.

scholarly journals The Technology and Archeology of Corporate Law

2018 ◽  
Author(s):  
Sergio Gramitto Ricci
Keyword(s):  
Artificial Intelligence ◽  
Corporate Law ◽  
Business Corporation ◽  
The Past ◽  
Legal Personhood ◽  
And Control

Some answers to pressing problems in modern corporate law come from the past. Archeology of corporate law excavates ancient laws and language in order to solve salient issues in contemporary and future corporate debates. This Article employs archeology of corporate law to analyze three intertwining legal and organizational technologies. First, it sheds light on the origins and nature of legal personhood and on fundamental questions about the rights of business corporations. Second, it discusses separation of ownership and control as the feature that, together with legal personhood, constitutes the essential formula of the business corporation model. Last, this Article explores artificial intelligence in boardrooms to assist, integrate or replace human directors.

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