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Corporate governance theorising: limits, critics and alternatives

机译:公司治理理论:限制,批评家和替代方案

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Purpose – This paper seeks to examine the mainstream theories of corporate governance in an attempt to suggest that their underlying assumptions and ideologies are misplaced and ought to give way to an emerging pluralistic view of the governing process in order to understand any governance contribution to the dynamics of the business environment. Design/methodology/approach – The paper engages with the traditional literature and views on governance models from law, business and organisational studies perspectives. It then considers the environment and changes in the environment and how those challenge the relevance of the traditional approach, drawing upon the impacts on the fluidity of management and governance perspectives and practices in the global economy. Findings – The reflections and analysis confirm the view that the underlying assumptions of existing models and regulatory frameworks for governance are misplaced and it is suggested, with reason, that a pluralistic view and framework are better than the current dualistic approach to provide a better understanding of corporate governance in today's dynamic business environments. Originality/value – The paper develops a new model and framework for governance practice and regulation and seeks to persuade policy makers and commentators that the global business environment needs to recognise and engage with this new model and validate its assumptions.
机译:目的–本文旨在研究公司治理的主流理论,以期表明它们的基本假设和意识形态被放错了位置,应当让其对治理过程的新兴多元看法,以便理解任何治理对动力的贡献。商业环境。设计/方法/方法-本文涉及传统文献以及从法律,商业和组织研究的角度对治理模型的看法。然后,它考虑了环境和环境的变化,以及这些挑战如何挑战传统方法的适用性,并借鉴了全球经济中管理和治理的观点和实践对流动性的影响。研究结果–反思和分析证实了以下观点:现有治理模型和监管框架的基本假设被放错了地方,并且有理由建议,多元化的观点和框架要比当前的二元方法更好,以更好地理解当今动态业务环境中的公司治理。原创性/价值–本文为治理实践和法规开发了新的模型和框架,力图说服决策者和评论员全球商业环境需要认识并参与这种新模型并验证其假设。

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