Corporate Governance

Brett H. McDonnell

doi:10.1016/B978-0-08-097086-8.73019-4

Corporate Governance

Brett H. McDonnell

Academics (Law)

Research output: Chapter in Book/Report/Conference proceeding › Chapter

Abstract

'Corporate governance' rules define decisionmaking roles among various corporate stakeholder groups. There is disagreement as to the goals of corporate governance, with some advocating an exclusive focus on shareholder value while others advocate including the interests of other stakeholders such as creditors and employees. Major means used to advance the interests of shareholders and/or other stakeholders include the board of directors, shareholder voting, monitoring by various gatekeepers, fiduciary duty rules, and incentives created by various markets.

Original language	English (US)
Title of host publication	International Encyclopedia of the Social & Behavioral Sciences: Second Edition
Publisher	Elsevier Inc.
Pages	932-938
Number of pages	7
ISBN (Electronic)	9780080970875
ISBN (Print)	9780080970868
DOIs	https://doi.org/10.1016/B978-0-08-097086-8.73019-4
State	Published - Mar 26 2015

Bibliographical note

Publisher Copyright:
© 2015 Elsevier Ltd. All rights reserved.

Keywords

Corporate governance
Corporate law
Directors
Fiduciary duty
Gatekeepers
Officers
Shareholders
Stakeholders

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KW - Fiduciary duty

KW - Gatekeepers

KW - Officers

KW - Shareholders

KW - Stakeholders

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Corporate Governance

Abstract

Bibliographical note

Keywords

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