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Articles 31 - 37 of 37
Full-Text Articles in Organizational Behavior and Theory
Corporate Governance And The 2008-09 Financial Crisis, Martin Conyon, William Q. Judge, Michael Useem
Corporate Governance And The 2008-09 Financial Crisis, Martin Conyon, William Q. Judge, Michael Useem
Management Faculty Publications
The financial crisis of the late 2000s resulted in enormous costs to the economies of many countries and the fortunes of millions of families, and it challenged a host of our conceptions and theories of corporate governance. The governing boards of many financial-services firms seemed unable to prevent the risky and ill-fated decisions that jeopardized their firms, devastated their investors, and helped precipitate a financial meltdown that morphed into global recession. Company boards were also directly responsible through their compensation committees and consultant advisors for a sharp rise in executive compensation during the 2000s that may have contributed to undue …
Thomas Kuhn And Corporate Governance Research, William Q. Judge
Thomas Kuhn And Corporate Governance Research, William Q. Judge
Management Faculty Publications
Back in the dark ages (i.e., 1980s) when I was pursuing my doctoral degree at the University of North Carolina at Chapel Hill, I read Thomas Kuhn’s (1962) book on how science evolves over time. That book had a big influence on my thinking then, and it continues to influence me. Indeed, that book seems especially pertinent to this particular issue for reasons which I will explain later on in this essay.
Asian Corporate Governance Or Corporate Governance In Asia?, Shaomin Li, Anil Nair
Asian Corporate Governance Or Corporate Governance In Asia?, Shaomin Li, Anil Nair
Management Faculty Publications
Corporate governance has become an important issue for Chinese and Indian firms as they increasingly interact with regulators and investors from developed markets. For instance, tapping into global capital markets to raise funds to finance their domestic and international growth requires firms from China and India to demonstrate strong corporate governance credentials, so that investors do not discount their stock (LaPorta, Lopez-de-Silanes, Shleifer, & Vishny, 2000). The swift action of Chinese and Indian authorities in response to recent corporate scandals – such as the one at Satyam Computers – reveals that even governments in emerging countries such as China and …
Corporate Citizenship And Community Stakeholders, Robert A. Phillips, R. Edward Freeman
Corporate Citizenship And Community Stakeholders, Robert A. Phillips, R. Edward Freeman
Management Faculty Publications
Stipulating that work on corporate citizenship is intended to add to the conversation around the role of business in society, it is reasonable to assume that scholars adopting (and adapting) the language of corporate citizenship find something there that allows for better description, analysis and synthesis of this role. Though what 'better' may mean here remains an open question, a sensible place to begin considering the question is to compare and contrast corporate citizenship with more established ways of conceiving business's role in society such as, in the case of this chapter, stakeholder theory.
Balancing Hamiltonian And Jeffersonian Contradictions Within Organizations, Anil Nair, David Ahlstrom
Balancing Hamiltonian And Jeffersonian Contradictions Within Organizations, Anil Nair, David Ahlstrom
Management Faculty Publications
This article describes how institutions get infused with competing logics and analyzes how such competing logics might aid the design of contemporary organizations. It does so by exploring the contrasting views of American founders Alexander Hamilton and Thomas Jefferson on the issues they confronted in the years leading up to and after the United States' independence from the British. Their views have had a lasting influence on the character and efficacy of the U.S. government. Although Hamilton and Jefferson contemplated issues related to the governance of the United States, the authors argue that their writings offer insights that can be …
Stakeholders, Michael Johnson-Cramer, Robert A. Phillips
Stakeholders, Michael Johnson-Cramer, Robert A. Phillips
Management Faculty Publications
The stakeholder concept derives from a simple premise: organizations and technologies exist in constellations of relationships. Organizations operate in a network of market and nonmarket relationships with other organizations, groups, and individuals. Likewise technologies emerge and exist in a network of suppliers, end users, and others who bear the impact of the technology. Generally with reference to both organizations and technologies, these related parties are termed stakeholders, meaning that they hold a stake in the outcomes of the organization or technology.
Some Key Questions About Stakeholder Theory, Robert A. Phillips
Some Key Questions About Stakeholder Theory, Robert A. Phillips
Management Faculty Publications
As businesses emerge as some of the most powerful institutions in the world, business ethics have never been more important, and given very recent history, more open to question. Corporations are relative newcomers to power, and for evidence of this we can look to Europe, where the oldest, largest, most elaborate buildings are the churches and cathedrals. For thousands of years, the church and its leaders were arguably the most powerful institution, but as the liberal notions of the Enlightenment supplanted church orthodoxy, the state supplanted religion as the more powerful institution. But at the dawn of the third millennium, …