IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-05668791.html

The Theoretical Framework of Corporate Governance: A Synthesis Essay
[Le Cadre Théorique de la Gouvernance des Entreprises : Un Essai de Synthèse]

Author

Listed:
  • Hicham Amakhir

    (National School of Business and Management – ENCG Settat, Hassan The First University, Settat, Morocco.)

  • Zakaria Benghazala

    (National School of Business and Management – ENCG Settat, Hassan The First University, Settat, Morocco.)

Abstract

The objective of this article is to make a synthesis of the theories of corporate governance, which are, first of all, the contractual theories of organizations (agency theory, property rights theory, transaction cost theory) and then competence-based theories (entrenchment theory, stewardship theory). The definition of corporate governance has evolved as its scope has expanded, from the shareholder model which aims to maximize shareholder value, to a broader and more dynamic model called partnership model that aims to maximize the interests of all stakeholders. This model has extended to cognitive governance, which aims to identify and cultivate the skills and knowledge required by leaders.

Suggested Citation

  • Hicham Amakhir & Zakaria Benghazala, 2023. "The Theoretical Framework of Corporate Governance: A Synthesis Essay [Le Cadre Théorique de la Gouvernance des Entreprises : Un Essai de Synthèse]," Post-Print hal-05668791, HAL.
    • Handle: RePEc:hal:journl:hal-05668791
    DOI: 10.5281/zenodo.7899922
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-05668791. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.