Corporate governance in Peru: contribution to refocus the concept

Authors

  • Juan José Martínez Ortiz UP

DOI:

https://doi.org/10.21678/apuntes.56/57.550

Keywords:

corporate governance, principal-agent problem, entrepreneurial society

Abstract

This paper studies the interactions between majority and minority shareholders and the managers and administrators of Peruvian firms. lt focuses on these interactions by means of the principal-agent problem within a corporate governance scenario employing two dimensions: vertical and horizontal. lt also illustrates the types of costs incurred by the principal in minimizing the agent's extra profit. lt emphasizes the weakness of the legal system in protecting private investors and shareholders.

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Published

2005-04-10

How to Cite

Martínez Ortiz, J. J. (2005). Corporate governance in Peru: contribution to refocus the concept. Apuntes. Social Sciences Journal, (56/57), 95–114. https://doi.org/10.21678/apuntes.56/57.550

Issue

Apuntes 56 - 57

Section

Articles

License

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