The new governance approach to the devolution of corporate governance
Data(s) |
01/10/2012
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Resumo |
The moral arguments associated with justice, fairness and communitarianism have rejected the exclusivity of cost‐benefit analysis in corporate governance. Particularly, the percepts of new governance (NG) have included distributive aspects in efficiency models focused on maximizing profits. While corporate directors were only assigned to look after the return of investment within the traditional framework of corporate governance (CG), NG has created the scope for them to look beyond the set of contractual liabilities. This article explores how and how far NG notions have contributed to the devolution of CG to create internal strategies focusing on actors, ethics and accountability in corporate self-regulation. |
Identificador | |
Publicador |
Maney Publishing |
Relação |
http://www.ingentaconnect.com/content/maney/com/2012/00000016/00000004/art00005 Rahim, Mia Mahmudur (2012) The new governance approach to the devolution of corporate governance. Competition and Change, 16(4), pp. 343-352. |
Fonte |
QUT Business School; School of Accountancy |
Palavras-Chave | #150000 COMMERCE MANAGEMENT TOURISM AND SERVICES #180000 LAW AND LEGAL STUDIES #Corporate governance; shareholder primacy; new governance; enlightened shareholder primacy; corporate social responsibility |
Tipo |
Journal Article |