Rethinking Corporate Governance - Read online and download for free

Rethinking Corporate Governance presents a comprehensive and thought-provoking empirical study that introduces a radically new approach to corporate governance. This groundbreaking book explores and analyzes the fundamental, nature-based, and actor-driven forces that shape corporate governance processes and influence the long-term trajectories of corporations. These forces interact in complex ways, which often vary significantly across different companies.

The book develops a theory of shareholder governance and integrates it with a broader, more comprehensive corporate governance theory, resulting in a revised understanding of the corporation (or firm). It delves deeply into the new possibilities this integrated theory offers for explaining the evolution of corporate processes and their impact on corporate paths. Drawing on rich, exclusive empirical data, the book also includes detailed, non-anonymized materials from real corporate governance processes.

One key takeaway is the special role of individual actions within these forces. Such actions not only have a direct impact but also involve interpretations of the potential effects of other forces. Notably, the decisions made by shareholders are particularly influential, shaping both governance processes and the long-term development of companies.

With an openness, depth, and realism seldom found in case-based studies, this innovative and enlightening volume is a must-read for academics and practitioners in the fields of corporate governance, corporate strategy, and the theory of the firm.