Beyond shareholder value: a CSR model for corporate governance
by Thomas C. Gahr
International Journal of Social Entrepreneurship and Innovation (IJSEI), Vol. 1, No. 2, 2011

Abstract: Agency theory dictates that the sole purpose of a corporation is to provide value to its shareholders. As the dominant focus for corporate governance of publicly held stockholder corporations, agency theory has led to the current global economic crisis, and a history of scandals, and unethical behaviour on the part of transnational corporations. This paper will propose changes to corporate governance regulations to balance the unintentional incentives for unethical business practices, with incentives for social responsibility, in the hope that the reoccurrence of corporate scandals can be avoided.

Online publication date: Sat, 19-Nov-2011

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Social Entrepreneurship and Innovation (IJSEI):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com