Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations

It has been argued by researchers that agency theory has limitations as the underpinning theory for governance given its inability to recognize the wider environmental influencing forces impacting on organizations. This paper provides a case for incorporating a number of management-based theories to...

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Main Author: Christopher, Joseph
Format: Journal Article
Published: Academic Press 2010
Online Access:http://hdl.handle.net/20.500.11937/40844
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author Christopher, Joseph
author_facet Christopher, Joseph
author_sort Christopher, Joseph
building Curtin Institutional Repository
collection Online Access
description It has been argued by researchers that agency theory has limitations as the underpinning theory for governance given its inability to recognize the wider environmental influencing forces impacting on organizations. This paper provides a case for incorporating a number of management-based theories to augment agency theory in recognizing these wider environmental influencing forces and the consequent extended governance paradigm it creates. Through a theory building approach that reviews and critically analyses the extant literature, a case is built to integrate four existing theories that complement each other to recognize these wider influencing forces. The paper argues that the proposed approach will narrow the theoretical practical gap in governance and will consequently have policy implications on governance guidelines. Further research is suggested to validate the approach with a wide range of real life organizational settings.
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spelling curtin-20.500.11937-408442017-09-13T14:02:52Z Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations Christopher, Joseph It has been argued by researchers that agency theory has limitations as the underpinning theory for governance given its inability to recognize the wider environmental influencing forces impacting on organizations. This paper provides a case for incorporating a number of management-based theories to augment agency theory in recognizing these wider environmental influencing forces and the consequent extended governance paradigm it creates. Through a theory building approach that reviews and critically analyses the extant literature, a case is built to integrate four existing theories that complement each other to recognize these wider influencing forces. The paper argues that the proposed approach will narrow the theoretical practical gap in governance and will consequently have policy implications on governance guidelines. Further research is suggested to validate the approach with a wide range of real life organizational settings. 2010 Journal Article http://hdl.handle.net/20.500.11937/40844 10.1016/j.cpa.2010.05.002 Academic Press restricted
spellingShingle Christopher, Joseph
Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title_full Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title_fullStr Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title_full_unstemmed Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title_short Corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
title_sort corporate governance - a multi-theoretical approach to recognizing the wider influencing forces impacting on organizations
url http://hdl.handle.net/20.500.11937/40844