IES Management College And Research Centre

The Emergence of Principal–Agent– Principal Model in India: The Case of Infosys Ltd (Record no. 52328)

MARC details
000 -LEADER
fixed length control field 01839nam a2200193 4500
003 - CONTROL NUMBER IDENTIFIER
control field OSt
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20190731131019.0
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 190731b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Subramanian,, S.
9 (RLIN) 33990
245 ## - TITLE STATEMENT
Title The Emergence of Principal–Agent– Principal Model in India: The Case of Infosys Ltd
300 ## - PHYSICAL DESCRIPTION
Extent 120-130 p.
520 ## - SUMMARY, ETC.
Summary, etc The existing corporate governance literature focuses on a principal–agent model or a principal–principal model which demonstrate two-way conflicts. This study seeks to understand the emergence of a three-way principal–agent–principal conflict between the controlling/promoter shareholder, the professional manager and the minority shareholders in emerging market family-controlled firms which are professionalizing their management. Using the case study method, this article proves that in the listed emerging market firms, the professional manager gets empowered under a specific internal governance structure as the institutions of external governance become effective. This leads to a three-way principal–agent–principal conflict between the controlling/promoter shareholder, the professional manager and the minority shareholders. A principal–agent–principal model in the emerging markets changes the very basics of corporate governance framework and opens up new research avenues in the field of corporate governance. The evolvement of the three-way conflict might call for unique regulations to deal with corporate governance problems in the emerging markets.
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Corporate Governance
Uncontrolled term emerging markets
Uncontrolled term Professional Managers
Uncontrolled term Principle-agent conflicts
773 0# - HOST ITEM ENTRY
Host Biblionumber 50183
Host Itemnumber 75311
Main entry heading Sage Publication
Place, publisher, and date of publication New Delhi Sage Publication
Other item identifier 55510597
Title IIM KOZHIKODE SOCIETY AND MANAGEMENT REVIEW
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Journal Article
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Date acquired Total Checkouts Full call number Barcode Date last seen Price effective from
    Dewey Decimal Classification     Main Library Main Library 31/07/2019   Vol 8, No 2/ 55510597JA3 55510597JA3 31/07/2019 31/07/2019

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM