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Addressing Some Inherent Challenges to Good Corporate Governance

Prof. N Balasubramanian
2009
Working Paper No
299
Body

Are corporations, in general, amenable to good governance? Are there inherent incompatibilities between good governance and the corporate format of organizations? How can these be addressed satisfactorily without over-regulation that might impair entrepreneurial potential? These are some of the nagging issues this paper explores and offers some radical suggestions for consideration Commissioned Article for The Indian Journal of Industrial Relations: A Review of Economic & Social Development, Shri Ram Centre for Industrial Relations and Human Resources, New Delhi. (Volume 44, No. 44, April 2009, pp.554 - 575)  

Key words
Corporate Governance, Boards, Dominant Shareholders, Shareholder Democracy, Interested Shareholders, Shareholders Negatively Impacted, Corporate Democracy, Non-aligned Directors, Principal-Agent Paradigm, Corporations, Public Policy, Regulation

Addressing Some Inherent Challenges to Good Corporate Governance

Author(s) Name: Prof. N Balasubramanian, 2009
Working Paper No : 299
Abstract:

Are corporations, in general, amenable to good governance? Are there inherent incompatibilities between good governance and the corporate format of organizations? How can these be addressed satisfactorily without over-regulation that might impair entrepreneurial potential? These are some of the nagging issues this paper explores and offers some radical suggestions for consideration Commissioned Article for The Indian Journal of Industrial Relations: A Review of Economic & Social Development, Shri Ram Centre for Industrial Relations and Human Resources, New Delhi. (Volume 44, No. 44, April 2009, pp.554 - 575)  

Keywords: Corporate Governance, Boards, Dominant Shareholders, Shareholder Democracy, Interested Shareholders, Shareholders Negatively Impacted, Corporate Democracy, Non-aligned Directors, Principal-Agent Paradigm, Corporations, Public Policy, Regulation
workiing_paper_no._299.pdf (660.37 KB)