Open AccessPrivatization and Performance: cognitive and behavioral governance,
Author(s) -
Mouna Mrad,
Slaheddine Hallara
Publication year - 2010
Publication title -
international journal of economics and finance
Language(s) - English
Resource type - Journals
eISSN - 1916-9728
pISSN - 1916-971X
DOI - 10.5539/ijef.v2n3p46
Subject(s) - corporate governance , notice , discipline , cognition , accounting , business , economics , positive economics , law and economics , political science , psychology , finance , law , neuroscience
We examine the literature of corporate governance to investigate the impact of corporate governance mechanisms on performance improvement of the newly privatized companies. We notice that all researches studying this impact considered only the disciplinary angle of governance and omitted the most important one which is the vision based on a cognitive theory of governance. So, we present limits addressed in the literature to the financial approach of governance and show the necessity to incorporate in our analysis both the disciplinary and the cognitive approach for a complete study of this impact.