Corporate Governance Problems in the Context of Corporate Life Cycle
Abstract
A problem of effective behavior of an owner at various stages of the corporate life cycle is considered using Adizes’ model. It’s shown that in the process of the development of an organization one has to resolve three principal dilemmas: dilemma of professionalism, owner’s dilemma and investor’s dilemma. Using this approach a specifics of Russian companies is studied. The analysis shows that the problem of corporate governance is in fact evolving much earlier than the company goes through IPO.
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References
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Published
2004-12-08
How to Cite
Ivashkovskaya, I. V., Konstantinov, G. N., & Filonovich, S. R. (2004). Corporate Governance Problems in the Context of Corporate Life Cycle. Russian Management Journal, 2(4), 19–34. Retrieved from https://rjm.spbu.ru/article/view/779
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Section
New Research
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Articles of the Russian Management Journal are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.
