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Managerial Forensics by Diana Heeb Bivona, J. Mark Munoz

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Chapter 5

Internal Governance Structures and Corporate Behavior

Alice de Jonge

Introduction

Different corporate forms have different strengths and weaknesses. It is the job of managerial forensics to identify potential weaknesses in particular, thereby enabling corporations to guard against them and to diagnose them when they lead to corporate malaise. This chapter examines the particular governance challenges and potential governance weaknesses faced by family firms, state-owned enterprises (SOEs) in particular. Also examined are the governance challenges presented by the changing nature of corporate control over widely held transnational corporations. Finally, Part 4 of this chapter examines how new hybrid forms of the corporation, in particular ...

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