Comparative Corporate Governance: A Research Overview
Corporate governance developed to maintain the accountability, stability, and performance of corporations. It has evolved to concern not just the financial health of the company, but its social and environmental impact. There is considerable international institutional diversity in corporate governance. The role and significance of market institutions varies among different governance systems.

This work provides a concise insight into the defining impulses of late twentieth- and early twenty-first-century corporate governance evolving through a series of competing epoch-making paradigmatic contests. The present paradigm highlights a shift towards corporate sustainability involving the corporate delivery of long-term value in financial, social, environmental, and ethical terms. In analysing the purpose of the company and the definition of value creation, the hegemony of agency theory and shareholder primacy is challenged. More expansive theoretical explanations are considered which recognise the deeper values companies are built upon, the wider purposes they serve, and the broader set of relationships they depend upon for their success.

This book will be of value to researchers, scholars, and students in corporate governance, sustainability, business, and accounting. Managers, professionals, and other general business readers will also find this text of interest.

1141284507
Comparative Corporate Governance: A Research Overview
Corporate governance developed to maintain the accountability, stability, and performance of corporations. It has evolved to concern not just the financial health of the company, but its social and environmental impact. There is considerable international institutional diversity in corporate governance. The role and significance of market institutions varies among different governance systems.

This work provides a concise insight into the defining impulses of late twentieth- and early twenty-first-century corporate governance evolving through a series of competing epoch-making paradigmatic contests. The present paradigm highlights a shift towards corporate sustainability involving the corporate delivery of long-term value in financial, social, environmental, and ethical terms. In analysing the purpose of the company and the definition of value creation, the hegemony of agency theory and shareholder primacy is challenged. More expansive theoretical explanations are considered which recognise the deeper values companies are built upon, the wider purposes they serve, and the broader set of relationships they depend upon for their success.

This book will be of value to researchers, scholars, and students in corporate governance, sustainability, business, and accounting. Managers, professionals, and other general business readers will also find this text of interest.

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Comparative Corporate Governance: A Research Overview

Comparative Corporate Governance: A Research Overview

by Thomas Clarke
Comparative Corporate Governance: A Research Overview
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Comparative Corporate Governance: A Research Overview

Comparative Corporate Governance: A Research Overview

by Thomas Clarke

Overview

Corporate governance developed to maintain the accountability, stability, and performance of corporations. It has evolved to concern not just the financial health of the company, but its social and environmental impact. There is considerable international institutional diversity in corporate governance. The role and significance of market institutions varies among different governance systems.

This work provides a concise insight into the defining impulses of late twentieth- and early twenty-first-century corporate governance evolving through a series of competing epoch-making paradigmatic contests. The present paradigm highlights a shift towards corporate sustainability involving the corporate delivery of long-term value in financial, social, environmental, and ethical terms. In analysing the purpose of the company and the definition of value creation, the hegemony of agency theory and shareholder primacy is challenged. More expansive theoretical explanations are considered which recognise the deeper values companies are built upon, the wider purposes they serve, and the broader set of relationships they depend upon for their success.

This book will be of value to researchers, scholars, and students in corporate governance, sustainability, business, and accounting. Managers, professionals, and other general business readers will also find this text of interest.

Product Details

ISBN-13: 9781032345581
Publisher: Taylor & Francis
Publication date: 01/29/2024
Series: State of the Art in Business Research
Pages: 158
Product dimensions: 5.44(w) x 8.50(h) x (d)

About the Author

Thomas Clarke is a Fellow of the Royal Society of Arts, Visiting Professor at Toulouse Business School (Barcelona), and was a Foundation Professor at the China Europe International Business School (CEIBS).

Table of Contents

1. Introduction to Corporate Governance 2. International Diversity of Modes of Corporate Governance 3. Convergence and Divergence of International Corporate Governance Institutions 4. Shareholder Primacy: The End of a Hegemony? 5. The Social Licence to Operate: Redefining Purpose and Fiduciary Duty 6. Contemporary Challenges for Corporate Governance: Technological Transformation and Climate Change

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