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Exercising Strategic Coporate Control. Edition No. 1
VDM Publishing House, Sep 2010, Pages: 64
Enron, Parmalat, Worldcom… These scandals highlighted governance problems which justified using several remedies belonging to the conceptual approach of the agency's positive theory. However , it was less noted that these scandals also stem from failure, in terms of control, of these groups' strategic growth. This situation has justified a research program focusing on corporate strategic control. According to a 'transversal' synthesis of the researches on strategic control, it seems that these will gain from being completed. On the basis of these indications, we put forward the breakthroughs, which a research program on this issue has enabled. The article argues that beyond the need to imagine the architecture of a coherent system of strategic corporate control system, there is a need for strategic controllers to let go of this principle of coherence to resort to ago-antagonist cognitive strategies.
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