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Shifts in Corporate Governance Understanding

In: Sustainable Governance

Author

Listed:
  • Andrea Cardoni

    (University of Perugia)

  • Evgeniia Kiseleva

    (HSE University)

Abstract

This chapter examines corporate governance, focusing on agency theory. It explores the origins and structure of agency theory governance while critically analyzing its strengths and weaknesses based on scholarly and practical critiques. In response to identified challenges, the chapter introduces stakeholder theory as a potential solution, promoting a more inclusive and balanced governance approach. By bridging these two theories, this chapter aims to enhance understanding and encourage the pursuit of effective and sustainable governance frameworks.

Suggested Citation

  • Andrea Cardoni & Evgeniia Kiseleva, 2023. "Shifts in Corporate Governance Understanding," CSR, Sustainability, Ethics & Governance, in: Sustainable Governance, chapter 0, pages 3-15, Springer.
    • Handle: RePEc:spr:csrchp:978-3-031-37492-0_1
    DOI: 10.1007/978-3-031-37492-0_1
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