The corporate growth puzzle

Article Abstract:

There are a number of theories to account for corporate growth, such as the idea of economies of scale. Lifecycle theories sought to identify phases of corporate development, while a more modern theory is that companies grow as a result of their core competencies. London Business School's Paul Geroski sees a random walk as the best way to describe corporate growth. Companies's growth rates may be unconnected with that of the economy as a whole. Companies may have to innovate, but may also be reluctant to do so.

Economics, Research and Development in the Social Sciences and Humanities, Economic aspects, Economic development

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The shareholder's friend

Article Abstract:

An opinion poll of British executive and non-executive corporate directors by MORI indicated that recommendation of the Cadbury report of May 1992 may be necessary. Unprompted, the directors thought little of representing shareholders. Other responses are discussed.

United Kingdom, Corporate directors, Beliefs, opinions and attitudes, Chief executive officers, Corporations, British

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