Rules for engagement

Article Abstract:

Collaboration between business enterprises is becoming a common practice in Europe, and the accounting firm KPMG Peat Marwick McLintock estimates that European Community companies, which were involved in 287 partnerships as of the fourth quarter 1989, represent 40% of the total of collaborative ventures in the world. Collaborative arrangements include strategic alliances, partnerships, joint ventures, or cooperations. Alliances are difficult to manage, with the major problems being in adhering to schedules and managing costs, and many companies abandon them after encountering initial difficulties. Business professors believe that collaborative business ventures require specially trained managers that understand how to manage people outside of their own companies.

Statistics, KPMG Peat Marwick L.L.P.

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Potential effects of managers' entrenchment and shareholdings on competitiveness

Article Abstract:

A study was conducted to determine the potential effects of management entrenchment strategies and ownership structure on firm competitiveness. Analyzing the operations of 600 Canadian listed companies, it was found that ownership characteristics influence strategic behavior, organizational structure and performance. It was also noted that stockholders control the decisions with regard to reducing management waste, preventing asymmetric information and obtaining more cash distributions.

Management Functions, Research, Competition (Economics), Stockholders, Corporate governance, Executives

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Co-operation in the Dutch container transport industry

Article Abstract:

The structural, cultural and external factors which facilitate or hinder cooperation among companies are analyzed in the context of the Dutch container transport industry. The need for lessening financial risks, pooling of financial resources, regulating competition and/or strengthening a firm's position against cultural groups are found to be important motivators for cooperation in the Dutch liner shipping industry.

Deep sea foreign trans. of freight, Netherlands, Shipping industry

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