This paper aims to revisit the link between corporate governance, value, and firm performance by focusing on convergence, understood as the way that non-US firms are adopting US best practice in terms of corporate governance, and the implications of this adoption. We examine theoretical questions related to conventional models (agency theory, transaction cost economics, new property rights theo...

The broad range of activities undertaken in a hotel, combined with its high labour intensity and volatile demand, signify a predisposition particularly suited to outsourcing. In this paper, transaction cost economics (TCE) theory, agency theory and the broader outsourcing literature are drawn upon to inform the distillation of 20 outsourcing / insourcing motives. The relative significance of th...

This research attempts to develop a conceptual foundation for authentication in electronic markets by drawing upon the well-known principal-agent theory in Economics. First, principal-agent theory is discussed and related to authentication in electronic markets. Then, the technologies and business functionalities that are currently available to support authentication in electronic markets are e...