Towards a convergence of the shareholder and stakeholder models

Author:

Ponssard Jean-PierreORCID,Plihon DominiqueORCID,Zarlowski PhilippeORCID

Abstract

A new hybrid model of corporate governance seems to be emerging as a mixture of the shareholder and the stakeholder models. Its two main characteristics consist in an increased control of corporate executives by strong minority shareholders: this strengthened financial control is balanced by the rise of the social and environmental responsibilities of firms. This paper elaborates on this hypothesis and reviews the forces at work in this emerging process.

Publisher

Virtus Interpress

Subject

General Business, Management and Accounting

Reference27 articles.

1. Aoki, M., (1997) National diversity of corporate governance and the global standard, Fifth International Conference Europe - Japan.

2. Bauer, M. and Bertin-Mourot, B., (1987), Les 200. Comment devient-on un grand patron?, Paris: Seuil.

3. Becht, M. and Mayer C. (2004), Corporate Governance in Europe : Competition versus Harmonisation, in C. Hunter and alii (eds), Market Discipline across Countries and Industries, MIT Press, Cambridge Mass. (forthcoming)

4. Berger, S. and Dore, R. (ed.), (1991), National Diversity and Global Capitalism, Ithaca, NY: Cornell University Press.

5. Berle, A. Jr. and Means, G. C., (1932), The Modern Corporation and Private Property, NY: MacMillan.

Cited by 12 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. Editorial: Search for the advanced practices in corporate governance;Corporate governance: Search for the advanced practices;2019

2. Editorial note;Journal of Governance and Regulation;2018-11-01

3. Visually re-design service processes for quality sustainable development;Corporate Governance and Sustainability Review;2018

4. Editorial Note;Corporate Governance and Sustainability Review;2018

5. Corporate governance and agency theory: Megacable case;Corporate Governance and Sustainability Review;2018

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3