3
Theories and Models of Corporate Governance
Chapter Outline
- Theoretical Basis of Corporate Governance
- Agency Theory
- Stewardship Theory
- Stakeholder Theory
- Sociological Theory
- Resource Dependency Theory
- Transaction Cost Theory
- Hazard Model Theory
- Political Theory
- Ethics Theory
- Corporate Governance Mechanisms
- Corporate Governance Systems
- Anglo Saxon Model
- Japanese Model
- German Model
- Latin American Model
- Indian Model of Corporate Governance
- What is “Good” Corporate Governance?
- Obligations to Society at Large
- Obligation to Investors
- Obligation to Employees
- Obligation to Customers
- Managerial Obligation
“Corporate Governance is to conduct the business in accordance with owner or shareholders’ desires, which generally will be to make as much money ...
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