Fixing the Corporation: a Management or a Governance issue?

Main author: Driver, Ciaran
Format: Book Chapters           
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id eprints-25706
recordtype eprints
institution SOAS, University of London
collection SOAS Research Online
language English
language_search English
description In this chapter I first review the current state of play in corporate governance debates, highlighting challenges to the dominant agency view. Following a critique of the economic reasoning supporting shareholder primacy I consider two contrasting approaches to fixing the problems of labour engagement and capital commitment that affect economic performance. These approaches—which could loosely be called stakeholding—differ in the emphasis given to the roles of management on the one hand and governance on the other in addressing the identified problems. I analyse them here in respect of their logical consistency and also their feasibility. A management-oriented approach is unlikely in itself to be sufficient but it may help in creating the underlying institutional supports needed for governance reform.
author_additional Driver, Ciaran
author_additionalStr Driver, Ciaran
format Book Chapters
author Driver, Ciaran
author_facet Driver, Ciaran
authorStr Driver, Ciaran
author_letter Driver, Ciaran
title Fixing the Corporation: a Management or a Governance issue?
publisher Oxford University Press
publishDate 2018
url https://eprints.soas.ac.uk/25706/