Bookcover of Small to Medium Enterprise Governance
Booktitle:

Small to Medium Enterprise Governance

An Examination of the Perceptions of Small to Medium Enterprises

LAP LAMBERT Academic Publishing (2011-04-04 )

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ISBN-13:

978-3-8443-2760-1

ISBN-10:
3844327606
EAN:
9783844327601
Book language:
English
Blurb/Shorttext:
Corporate governance regimes such as the Australian Stock Exchange (ASX 2003) Corporate Governance Council's Guidelines, the Combined Code (2003) in the UK, the Sarbanes-Oxley Act (2002) in the US reflect pervading beliefs – that the majority of business is undertaken by large listed public companies, the characteristics of big business and the endemic threats to their owners' financial welfare they entail are universal, and that as a consequence governance regimes necessary and appropriate for big business are necessarily appropriate for small business. Those regimes are underpinned by a specific variety of shareholder primacy, with considerably less of a focus on the interests of the other, but softer, stakeholders. A substantial part of commercial activity is undertaken by Small and Medium Enterprises contributing to GDP and employment and as such are an important element of the economy. This book examines the notion of SME Governance, that is the hypothesized irrelevance (for most purposes), to the commercial affairs of SMEs of the dominant themes underpinning the corporate governance regimes currently in vogue.
Publishing house:
LAP LAMBERT Academic Publishing
Website:
https://www.lap-publishing.com/
By (author) :
Lisa Barnes
Number of pages:
144
Published on:
2011-04-04
Stock:
Available
Category:
Business management
Price:
59.00 €
Keywords:
SME Governance, SMEs Co-operate Governance.

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