Comparative Corporate Governance: A Research Overview (State of the Art in Business Research) - Hardcover

Clarke, Thomas

Hardcover

ISBN 10: 0367266946 ISBN 13: 9780367266943

Publisher: Routledge, 2022

Synopsis

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.

About this title

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).

Edition details

• Publisher: Routledge
• Publication date: 2022
• Language: English
• ISBN 10: 0367266946
• ISBN 13: 9780367266943
• Binding: Hardcover
• Edition number: 1
• Number of pages: 158