Das Thema Corporate Governance nimmt in der wirtschaftswissenschaftlichen Forschung und insb. in der Managementwissenschaft breiten Raum ein. Während andere Bereiche der Managementforschung allerdings durch eine Vielzahl unterschiedlicher Forschungsansätze gekennzeichnet sind, wird die Corporate Governance-Forschung einseitig von institutionenökonomischen Theorien dominiert. Die vorliegende Dissertation untersucht die Folgen dieser einseitig geprägten Sichtweise. Es wird nachgewiesen, dass die verbreitete Argumentationslogik sowie die Umsetzung der darauf basierenden Gestaltungsempfehlungen eine systematische Verdrängung von Vertrauen und proorganisationalen Verhalten bewirken und so zu einer sich selbst bewahrheitenden Prophezeiung geraten. Anhand mehrerer Untersuchungen wird nachgewiesen, dass auch die empirische Validität der verbreiteten Erklärungsansätze zweifelhaft ist. Als Ursachen dafür werden die Vernachlässigung wesentlicher sozio-kultureller und organisatorischer Rahmenfaktoren sowie entwicklungsdynamischer Effekte identifiziert.

Thesis (doctoral)--Universität St. Gallen, 2003.

This essay examines upper secondary school pupils as well as the Swedish National Agency for Educations views on the education in subject of religion. How they describe its purpose, what content the topic should address, how the education should be implemented and what influence the pupils should have over their own studies. This to examine how the views of pupils and the Swedish National Agency of Education correlate and to analyze how it possibly can affect the pupil’s motivation. The survey is conducted by semi-forging tured interviews and text analysis in order to ascertain the pupils and the Swedish National Agency of Educations opinions on the issues. The results are then analyzed by various motivational theories that have played a vital role in the Swedish school and that have been found relevant to the study. The survey shows that the pupils and the Swedish National Agency of Education are relatively unanimous about how they regard studies on the subject of religion but that there are differences. It appears that the education the pupils have receive, despite the unity of these pupils and the Swedish National Agency of Education, not always seem to comply with the requirements of the Agency's governing documents. It also appears that the pupil’s motivation is affected by how the National Agency and the pupils' objectives, goals and beliefs correlate. When those are alignment or when the school takes account of pupils' expectations and their own goals the education seems more adequate to the pupils.

The purpose of this study is to describe and understand how the principle of the child’s best interest in the asylum process for families with children is interpreted and implemented in practice by the asylum bureaucrats at the Swedish Migration Agency. Our questions are: “How is the best interest of the child in families with children interpreted by the asylum bureaucrats at the Swedish Migration Agency?” "How are asylum bureaucrats at the Swedish Migration Agency reasoning about the implementation in practice of the child's best interest in families with children? The essay rests upon semi-structured interviews with eight asylum bureaucrats at three different asylum units. The interviews are based on an interview guide together with a vignette, which purpose was to see how the interviewees are implementing the best interest of the child in a specific case of a potential application. We are analyzing our results by using Lipsky’s theory of street-level bureaucrats and their professional discretion. We are also using Roine Johansson’s (2007) interpretation of Lipsky and Svensson et al., (2008) and their perspectives about professional discretion. Our main findings and conclusions in the study are showing that the asylum bureaucrats interpretations of the best interest of the child are statutory. According to the asylum bureaucrats, the main definition of the principle is related to the importance of talking with the children. These statements in the interviews also reflects how they look upon the implementation in practice of the child's best interest. The asylum bureaucrats felt they have a wide discretion in their everyday work.

Project management involves many different actors. Rather than solely looking at those actors as individuals, the interaction between them should not be forgotten either. This thesis tries to provide a better understanding of one specific type of interaction: the project owner-manager relationship. This relationship is approached as the dyadic interaction between one project manager and one project owner. Previous studies indicate that project owners and project managers depend on one another, but that they can have diverging perspectives as well. The goal of this study is to get a deeper understanding of how these different perspectives can influence the success of the project-owner relationship. In order to achieve this understanding, a multiple case study involving 8 project owner-manager relationships was employed. Both project owners and project managers were interviewed, in order to get closer to a multi-actor perspective. The results show that there are both similarities and differences between the perspectives of these actors. However, a lack of understanding between these perspectives can cause the project owner-manager relationship fail. In the end, the potential effects of this relationship cannot and should not be ignored, as this study shows that it can be the difference between project success and project failure. Therefore, in a world that is ever more dominated by projects, this thesis has multiple practical and scientific implications.

This research is the result of the author’s quest to answer the question whether Corporate Governance is effective in Emerging Markets. Literature on Corporate Governance in the emerging markets of Latin America is limited mostly due to the relatively slower development of capital markets and the late adoption of corporate governance principles. Corporate Governance laws, which largely follow Sarbanes Oxley guidelines, were published and implemented in the mid 00´s and no research has checked their impact on corporate value in Latin America. This research reports compromises two empirical projects. The first project focused on the relationship between boards of directors attributes such size and composition, Corporate Governance law and firm value for Colombia. The second project focused on another Corporate Governance variable, CEO Duality and tested whether it has had any impact in Mexico. This second project also studied whether board attributes such as size and composition and Corporate Governance law were related to firm value. Based on the listed companies from Colombia and Mexico for the years 2001 to 2012 the author found no relationship between board size or composition and firm value. Results from Mexico, where CEO duality is allowed showed that it has no relationship with firm value. These results do not support or contradict either Agency theory or stewardship theory. Results on the impact of the adoption of a Corporate Governance law in firm value are mixed. Results for Colombia contradict previous literature by reporting a positive relationship between Corporate Governance laws and firm results while results from Mexico support previous research by reporting no relationship between these variables. This research is valuable for regulators and policy makers in their quest to assess the impact of the adoption of Corporate Governance laws in emerging markets. . Since effective Corporate Governance is important in easier access to financing it is important for shareholders to know which Corporate Governance mechanisms are positively related to firm value. Similarly, it is also important for investors (both foreign and local) in assessing the risk for equity investments in Colombia and Mexico.

This is a case study on a water sports facility named Liquid Leisure which is owned by Stuart Marston. The aim of this case study is to get a deeper understanding of Liquid Leisure’s capital and business structure and how it affects Liquid Leisure when trying to raise capital. It will also look at potential knowledge gaps within Liquid Leisure and how these potential gaps have formed Liquid Leisure as a company. There are a significant number of research that point out that small/family businesses operates in different ways compared to large businesses. Because of these deviations it is important to know how small/family businesses think to get an understanding of their advantages and disadvantages. This research will provide a deeper understanding of Liquid Leisure as a small/family businesses and how they address corporate governance, bootstrapping and the agency problem. It will also give an understanding of the advantages and disadvantages facing Liquid Leisure when raising debt and equity. These aspects have been compared to the complexity in the characteristics of small/family businesses. This will later be compared to Stuart Marston’s views and how Liquid Leisure is being operated. The results shows that Liquid Leisure has some characteristics in common with other small/family businesses but that Stuart’s behaviour create some complications for Liquid Leisure.

There is an ethical dilemma and a legal issue of earnings management and insider trading, and a risk of it affecting the accuracy of financial markets. The use of earnings management leads to an information asymmetry between the corporate management and the financial markets. This paper investigates how earnings management affects insider trading and whether insider trading is a good information source about earnings quality and future performance. Studying companies believed to have conducted earnings management on Nasdaq OMX Nordic Stock Exchange (Stockholm) from 2005 through 2014 indicates that: (1) insiders do not sell shares after managing earnings upwards; (2) the relationship between insider selling and future earnings performance is positive, contradicting agency theory and previous research; (3) the market’s reaction to the earnings announcement one year after suspected earnings management is positive for firms where insiders have sold shares, and vice versa. Taken together, our results are not in line with those of previous studies conducted on other markets. This is likely to depend on the unique Swedish setting with the existence of endowment insurances, where insiders can trade shares without having to disclose their transactions to the market. Because of this, we argue that insider trading is not an adequate signal about Swedish firms’ earnings quality and future performance. We therefor further emphasize the importance of a change in the Swedish legislation, in order to insure the accuracy of financial markets and to protect other investors.

Agency is a foundational and ongoing concern for the field of Rhetoric and Composition. Long thought to be a product and possession of human action, rhetorical agency represents the most obvious connection between the educational and theoretical work of the field and the civic project of liberal arts and humanities education. Existing theories of anthropocentric rhetorical agency are insufficient, however, to account for the complex technological work of digitally enmeshed networks of humans and nonhumans. To better account for these complex networks, this project argues for the introduction of new materialist theories of distributed agency into conversations about agency within Rhetoric. Such theories eschew the distinction between rhetorical and material agency and instead offer a way of accounting for action and change that makes room for rhetorical and material interventions as well as human and nonhuman participants. I take as my site the social media aftermath of the 2013 bombing at the finish line of the Boston Marathon. The digital networks of human users and nonhuman spaces (especially Twitter and Reddit) produced specific tangible effects: #BostonHelp helped stranded runners and tourists find food, shelter, and ways of communicating with family and friends, and Reddit’s /r/findbostonbombers forum enabled and fueled hurtful speculation about an innocent missing student. The strength, impact, and endurance of these networks leads me to three important conclusions: rhetorical/material agency must be distributed across a network of human and nonhuman participants; human intention no longer functions as an appropriate measure of the success or failure of rhetorical/material agency; and responsibility – like agency – must be distributed across networks’ human and nonhuman members.

Widely considered the world’s largest migration, the ongoing rural-to-urban migration in China is unprecedented in terms of scale and impact. Millions of Chinese peasants flood to cities in waves to try their fortune. Among them, dagongmei, literally translated as “working sisters,” who are single, young, and undereducated rural women working in cities, are believed to be one of the most marginalized communities. Their segregation and discrimination in the labor market has been well documented. As a major life event, their marriages have also received academic attention, but the marriage of dagongmei in current literature is generally considered a means towards achieving social advancement, often terminating their migratory trajectory. Few studies address the question of how physical mobility and economic independence alter the social relations of dagongmei in their pursuit of dating and potential spouses across the rural-urban divide. The separations of dagongmei from patriarchal families empower them, but their legally classified rural citizenship and their lack of cultural and social capital constrain their aspirations. To closely examine how individual agency interacts with familial control and societal constraints, I conduct in-depth interviews with dagongmei, applying feminist standpoint theory, to hear their experiences concerning the social processes of mate selection. By situating marriage as a dynamic decision-making process, I identify three subgroups of women: independent seekers, resigned negotiators, and tradition reformers. My overall conclusion is that young rural women are empowered by their migration to pursue major life goals such as marriage, but traditional gender ideology still operates to confine their roles as daughters and wives in a transitional society with competing capitalist and socialist characteristics. / text