Philosophical and paradoxical issues in corporate governance Online publication date: Wed, 14-Jul-2004
by Steve Letza, Xiuping Sun
International Journal of Business Governance and Ethics (IJBGE), Vol. 1, No. 1, 2004
Abstract: The current debate on corporate governance has been ''polarised'' between, on the one hand, the shareholding paradigm and, on the other hand, the stakeholding paradigm. However, underpinning the main theories are hidden paradoxical assumptions that lead to concerns over the credibility and validity of this dichotomised approach. Both camps of the debate rely on a homeostatic and entitative conception of the corporation and its governance structures. Both camps suffer from an inadequate attention to the underlying philosophical presuppositions in which the static approach is rooted. To avoid the traditional trap in theorising, an alternative processual approach is proposed for a better understanding of the inherent overflow and heterogeneity of corporate governance practice.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
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 Business Governance and Ethics (IJBGE):
Login with your Inderscience username and 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