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Empire-building

Business Emerging markets fundEmpirical

In business, empire-building is demonstrated when individuals or small groups attempt to gain control over key projects and initiatives in order to maximize job security and promotability.

 


A rights issue to fund expansion can usually be regarded somewhat more optimistically, although, as with acquisitions, shareholders should be suspicious because management may be empire-building at their expense (the usual agency problem with ...

For instance, it is hard to know whether a manager who has expanded a firm through an acquisition that reduced its share price was pursuing his own empire-building interests or, say, was trying to maximise shareholder value but was unlucky.

See also: Procurement, Electronic business, Customer satisfaction, Customer retention, Customer base

Business Emerging markets fundEmpirical

 
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