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Phronetic research - Methodology that matters to corporate governance research

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  • Mirjana Kuljak

Abstract

Corporate governance is an area of social life where values, power and conflicts have been acknowledged as inherent, legitimate and perplexing in a distinctive manner in different social contexts. Yet, mainstream social science approach takes epistemic, context independent stance based on predictive and rule based theory that often neglects what human beings consider as right and proper to do. On the other hand, phronetic concept and methodology acknowledge context, values and power in social and organizational research and raise the importance of case studies in addressing issues of viable corporate governance. The aim of this paper is to explore possibilities for the implementation and development of phronetic methodology in the area of corporate governance research. Our assumption is that possibilities that phronetic methodology offers have only been partially exploited in research on corporate governance.

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  • Mirjana Kuljak, 2014. "Phronetic research - Methodology that matters to corporate governance research," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 10(2), pages 79-88.
    • Handle: RePEc:mje:mjejnl:v:10:y:2014:i:2:p:79-88
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