The Impact of Corporate Governance on Value Creation in Entrepreneurial Firms

Author

Wee Liang Tan, Singapore Management UniversityFollow
Teck Meng Tan, Singapore Management UniversityFollow

Publication Type

Conference Proceeding Article

Version

acceptedVersion

Publication Date

9-2004

Abstract

The compliance with codes of corporate governance has become the norm for listed firms all over the world. In most countries, entrepreneurial firms do not have to comply with such codes but it has been argued that such codes should also apply to these small medium enterprises (SMEs). Since corporate governance forms the environment for the internal activities of a company and appropriate environmental conditions are crucial for corporate entrepreneurship to flourish in a company, it is apt that these two topics be discussed in relation with each other. Corporate governance mechanisms may dampen value creation in firms if appropriate measures are mandated by the regulators. This paper examines the implications of the extension of corporate governance principles to SMEs and the impact this will have on value creation through corporate entrepreneurship.

Discipline

Business Law, Public Responsibility, and Ethics | Entrepreneurial and Small Business Operations | Strategic Management Policy

Research Areas

Strategy and Organisation

Publication

Rencontres de St-Gall 2004, Appenzell

ISBN

9783906541228

City or Country

Appenzell, Switzerland

Citation

Tan, Wee Liang and Tan, Teck Meng. The Impact of Corporate Governance on Value Creation in Entrepreneurial Firms. (2004). Rencontres de St-Gall 2004, Appenzell.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/2349

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Additional URL

https://www1.kmu.unisg.ch/rencontres/RENC2004/Topics/Tan_1__Renc_2004_Topic_B.pdf