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首页> 外文期刊>The Academy of Management Perspectives >LEARNING FROM ANCIENT ATHENS: DEMARCHY AND CORPORATE GOVERNANCE
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LEARNING FROM ANCIENT ATHENS: DEMARCHY AND CORPORATE GOVERNANCE

机译：从古代雅典人那里学习：权柄和公司治理

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摘要

The corporate governance literature increasingly recognizes that firms can benefit from protecting and thereby inducing firm-specific investments of various stakeholders. Such investments by shareholders, employees, suppliers, customers, and the local community strengthen the sustainable competitive advantage of the firm. However, the protection of multiple stakeholders' interests poses substantial implementation problems. This paper explores a novel approach to such protection, based on the creative use of random selection procedures in appointing stakeholder representatives to the board. These procedures are the foundation of demarchy, a form of governance that was successfully used in ancient Athenian democracy. The paper presents advantages and disadvantages of demarchy, develops a corporate governance proposal that combines demarchy with representative voting, and addresses key issues concerning its implementation. It is suggested that the use of demarchy opens new avenues for stakeholder involvement in corporate governance.
机译：公司治理文献越来越多地认识到，公司可以从保护中受益，并由此引发各种利益相关者的公司特定投资。股东，员工，供应商，客户和当地社区的这种投资增强了公司的可持续竞争优势。但是，保护多个利益相关者的利益带来了实质性的实施问题。本文基于创造性地使用随机选择程序任命利益相关者代表加入董事会，探索了一种新颖的保护方法。这些程序是分权的基础，分权是古代雅典民主制成功使用的一种治理形式。本文介绍了分权的利弊，提出了将分权与代表投票相结合的公司治理提案，并解决了有关其实施的关键问题。建议使用分权为利益相关者参与公司治理开辟新途径。

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