Measurement of decision-making mechanism under different governance context: Quantitative analysis based on manufacturing industry enterprises in Zhejiang

Abstract

This paper considers scientific designing of decision-making mechanism is the key to solve corporate social responsibility problems. It compares the B-C index and finds stakeholder contingent governance arrangements can achieve better internal balance of power. Quantitative research evaluates corporate decision-making mechanism and results show that the coordination effectiveness and decision effectiveness are significantly impacted by corporate governance arrangements; favorable executive power of corporate governance is also can ensure the interests protection of stakeholder; otherwise, the external market governance can be regarded as a strong supplement. © 2011 Springer-Verlag Berlin Heidelberg.