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The Evolution of Corporate Governance

Part of Elements in Corporate Governance

  • Date Published: January 2021
  • availability: Not yet published - available from October 2024
  • format: Paperback
  • isbn: 9781108965422
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  • In this Element the origins of corporate governance are reviewed, recognising that corporate entities have always been governed, that important developments took place in the seventeenth and eighteenth centuries, and the huge significance of the invention of the joint-stock limited liability company. The development of corporate governance in the twentieth century around the world is explored, with complex groups, private companies, and top management dominating shareholder power appearing in the Inter-war years. Some unresolved issues in both principle and practice are identified. Various theories of corporate governance are described and contrasted. The subject is seen to be in search of its paradigm and a systems theoretical relationship between the theories is suggested. The need to rethink the concept of the limited liability company is argued, and a call is made for the development of a philosophy of corporate governance.

    Customer reviews

    17th Oct 2024 by UName-1127682

    The Evolution of Corporate Governance refreshes our memory of the journey of Corporate Governance (CG) development in the past decades. The book points out many different business and economic theories along this journey, explains the connection, relevance, and mis-alignments of these theories with CG. This part is very helpful for us to understand the influences of these theories to CG evolution. Most importantly, identifying unresolved issues in both principle and practice, challenging the formality of business organizations given the complexity of today's business models, and calling for rethinking of CG philosophy by Bob Tricker, the Father of Corporate Governance, I believe The Evolution of Corporate Governance is opening a new Chapter of future CG research, development, innovation and practice for scholars, practitioners, regulators and companies. Highly recommend this book to anyone who's interested in exploring, learning and researching corporate governance topics.

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    Product details

    • Date Published: January 2021
    • format: Paperback
    • isbn: 9781108965422
    • length: 75 pages
    • dimensions: 150 x 230 x 5 mm
    • weight: 0.12kg
    • availability: Not yet published - available from October 2024
  • Table of Contents

    1. Introduction
    2. The origins of corporate governance
    3. The development of corporate governance in the twentieth century
    4. Crisis and reform in corporate governance in the twenty-first century
    5. The frontiers of corporate governance
    6. The relevance of culture
    7. Corporate governance in theory
    8. A subject in search of its paradigm
    9. Rethinking the joint-stock limited liability company
    10. Towards a philosophy of corporate governance
    11. Conclusions.

  • Author

    Bob Tricker, University of Oxford

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