POWER INDICES AND THE MEASUREMENT OF CONTROL IN CORPORATE STRUCTURES

Author:

CRAMA YVES1,LERUTH LUC2

Affiliation:

1. QuantOM, HEC Management School, University of Liège, 4000 Liège, Belgium

2. IMF, Central AFRITAC, Washington DC 20431, USA

Abstract

This paper proposes a brief review of the use of power indices in the corporate governance literature. Without losing sight of the field of application, it places the emphasis on the game-theoretic aspects of this research and on the issues that arise in this framework. It should be noted that the views presented in this paper are not necessarily those of the IMF.

Publisher

World Scientific Pub Co Pte Lt

Subject

Statistics, Probability and Uncertainty,Business and International Management,General Computer Science

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