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Methodological Approach to Balance the Interests of the Stakeholders in Corporate Governance


  • Ilia Georgiev


A sophisticated method (technology) to balance the interests of the persons interested in the corporate governance is presented herein. Therefore a general step-by-step concept is worked out and detailed characteristics of the technological stages are provided. The practical requirements and the eventual application of this approach were proven by the approbation in 42 public joint stock companies. Its relevance is illustrated with typical characteristics on the grounds of the elaborated and analyzed balance of interests of the stakeholders in public joint stock companies. It was verified, that the main methodological approach enriches the instruments for interest balancing.

Suggested Citation

  • Ilia Georgiev, 2011. "Methodological Approach to Balance the Interests of the Stakeholders in Corporate Governance," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 7, pages 55-76.
  • Handle: RePEc:bas:econth:y:2011:i:7:p:55-76

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    JEL classification:

    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production


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