Open AccessJournal Article
Two Models of Corporate Governance: Beyond Berle and Means
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This article is published in University of Michigan Journal of Law Reform.The article was published on 1988-01-01 and is currently open access. It has received 44 citations till now. The article focuses on the topics: Corporate governance & Law reform.read more
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Shareholding Versus Stakeholding: a critical review of corporate governance
TL;DR: A survey and critical review of major current theories on corporate governance can be found in this article, which reveals the inadequacy of conventional approaches employed in corporate governance theorising and calls for a new mode of thinking in analyzing corporate governance.
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Corporate Governance: Theories, Challenges and Paradigms
TL;DR: In this article, information and control theory is shown to provide a way of grounding corporate governance, theories of the firm, and the analysis of organisations in general in the science of cybernetics.
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How US and UK Auditing Practices Became Muddled to Muddle Corporate Governance Principles
TL;DR: In this article, the authors consider how auditing practices became muddled in the US and the UK to create muddled corporate governance principles and conclude that convergence of audit practices on those found currently in the United States or UK are not in the best interest of directors or auditors in reducing their conflicts or safeguarding investors, the proprietary rights of shareholders or self-governance.
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Why Unitary Boards are Not Best Practice: A Case for Compound Boards
TL;DR: In this article, the authors identify the manifold conflicts of interest inherent in firms governed by a unitary board and how they exacerbate information overload and bounded rationality while paradoxically not providing sufficient information, independent of management, to direct, monitor, control, and change management.
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Barriers to Effective Risk Management
TL;DR: Nakamoto et al. as discussed by the authors analyzed the potential benefits of improved risk management practices, commonly called enterprise risk management (ERM), and the potential barriers to implementing meaningful ERM at U.S. firms.
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