INTERPRETING THE ETHICALITY OF CORPORATE GOVERNANCE DECISIONS IN RUSSIA: UTILIZING INTEGRATIVE SOCIAL CONTRACTS THEORY TO EVALUATE THE RELEVANCE OF AGENCY THEORY NORMS

DANIEL J. MCCARTHY; SHEILA M. PUFFER

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INTERPRETING THE ETHICALITY OF CORPORATE GOVERNANCE DECISIONS IN RUSSIA: UTILIZING INTEGRATIVE SOCIAL CONTRACTS THEORY TO EVALUATE THE RELEVANCE OF AGENCY THEORY NORMS

机译：解释俄罗斯公司治理决策的道德性：利用综合社会契约理论评估代理理论规范的相关性

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We argue that the norms underlying agency theory can be inappropriate for interpreting the ethicality of corporate governance decisions and behaviors of Russians because they were developed in countries with mature market-oriented economies. We posit that integrative social contracts theory has more explanatory power, taking into account two sets of often-conflicting values: traditional Russian values and market-oriented values. We describe three examples of ethical conflict in Russian corporate governance arising from these two sets of values and discuss implications for Western managers interacting with Russians in this crucial area of business activity.

机译：我们认为，代理理论所依据的规范可能不适用于解释俄罗斯人的公司治理决策和行为的道德性，因为它们是在成熟的市场经济国家开发的。我们认为，考虑到两套经常相互冲突的价值观：传统的俄罗斯价值观和市场导向的价值观，社会契约一体化理论具有更大的解释力。我们描述了由这两种价值观引起的俄罗斯公司治理中道德冲突的三个例子，并讨论了在此关键业务活动领域中西方管理者与俄罗斯人互动的意义。

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《The Academy of Management Review》 |2008年第1期|p.11-31|共21页
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DANIEL J. MCCARTHY; SHEILA M. PUFFER;
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中图分类管理学;
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INTERPRETING THE ETHICALITY OF CORPORATE GOVERNANCE DECISIONS IN RUSSIA: UTILIZING INTEGRATIVE SOCIAL CONTRACTS THEORY TO EVALUATE THE RELEVANCE OF AGENCY THEORY NORMS

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