Description
A key issue that scholars, practitioners and regulators of corporate governance face is the complexity of the relationships between a company and its shareholders, as well as its stakeholders and gatekeepers. The authors, who are corporate governance specialists from a variety of disciplines including law, finance and economics, propose an innovative approach and key insights on corporate governance. In the process they also address some significant gaps in the literature and deal with methodological limitations. This new approach uses concepts from complexity theory to deal with the frequently complex relationships between the corporation and its stakeholders and gatekeepers.
The holistic approach to the study of corporate governance will prove invaluable to academics and postgraduate students in accounting, economics, finance, law or complexity theory with an interest in corporate governance. This book will be also prove to be an essential resource for regulators and practitioners interested in corporate governance issues.
About the Author
Marc Goergen, Department of Finance, IE Business School-IE University, Spain, Christine A. Mallin, Professorial Fellow, Norwich Business School, University of East Anglia, UK and Honorary Professor, Lee Shau Kee School of Business and Administration, The Open University of Hong Kong, Hong Kong SAR, Eve Mitleton-Kelly, Director, Complexity Research Group, London School of Economics and Political Science, UK, Ahmed Al-Hawamdeh, Law School, Jerash Private University, Jordan and Iris H.-Y. Chiu, Professor of Corporate Law and Financial Regulation, University College London, UK
Reviews
'This book is the outcome of an Ideas Factory that was held by the ESRC, the Department for Trade and Industry (DTI) and the Advanced Institute of Management (AIM) Research. The authors were encouraged ''to think outside their traditional research areas, reassess the key issues which impact on the topic of corporate governance and interact with colleagues in distinct disciplines''. The results of the project captured in this book perfectly meet the brief and make fascinating reading.' -- Marco Becht, Executive Director - European Corporate Governance Institute, Universite Libre de Bruxelles, Belgium
'Research on corporate governance typically assumes linear relationships and clear, one-way directions of causality. This book argues that these assumptions are inappropriate and proposes a way forward to deal with the limitations of the existing literature. This is a must read for all scholars of corporate governance and anybody else who is interested in how corporations are governed.' -- Luc Renneboog, Tilburg University, the Netherlands
'For too long the study of corporate governance has been constrained by the straight-jacket of the agency paradigm. Accepting that a rethink of corporate governance frameworks is long overdue, this study takes a multidisciplinary approach. Complexity theory, like systems theory before it, studies systems holistically, identifying relevant components, searching for interactions and feedback. This is an important work offering different interpretations, novel insights, and a new perspective for the study of the subject. We are a long way from a general theory of corporate governance, but this study points us in a new direction.' -- R.I. (Bob) Tricker, University of Hong Kong and Founder Editor, Corporate Governance - An International Review
Book Information
ISBN 9781849801041
Author Marc Goergen
Format Hardback
Page Count 160
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd
