Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?

In the past two decades corporate governance traditionally had been an internal affair between the principal (shareholders) and the agent (Managers) with some boundaries set by the state laws. Some economists, led by Milton Friedman argued that the main objective of business is to earn maximum profi...

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Main Author: Adenrele, Adebayo Alexander
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2009
Online Access:https://eprints.nottingham.ac.uk/25373/
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author Adenrele, Adebayo Alexander
author_facet Adenrele, Adebayo Alexander
author_sort Adenrele, Adebayo Alexander
building Nottingham Research Data Repository
collection Online Access
description In the past two decades corporate governance traditionally had been an internal affair between the principal (shareholders) and the agent (Managers) with some boundaries set by the state laws. Some economists, led by Milton Friedman argued that the main objective of business is to earn maximum profit for the shareholders. Imbalance and shift in power has resulted in increasing strain in the relationship between the principal. This has resulted in numerous corporate scandals aross the globe. This has resulted inadequate corporate governance both in the international and national oil companies and increasingly an intense scrutiny and introduction of federal laws. Corporate governance being the rigorous supervision of the management of a company or organization is not a new development but has become a subject of discussion amongst numerous scholars and pratitioners. With reforms and regulations being mandated on corporations it thus has become imperative to adopt the right Corporate Governance structure that would ensure businesses are run competently with integrity and due regard for the interest of the relevant shareholders.
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language English
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spelling nottingham-253732017-12-27T22:01:05Z https://eprints.nottingham.ac.uk/25373/ Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals? Adenrele, Adebayo Alexander In the past two decades corporate governance traditionally had been an internal affair between the principal (shareholders) and the agent (Managers) with some boundaries set by the state laws. Some economists, led by Milton Friedman argued that the main objective of business is to earn maximum profit for the shareholders. Imbalance and shift in power has resulted in increasing strain in the relationship between the principal. This has resulted in numerous corporate scandals aross the globe. This has resulted inadequate corporate governance both in the international and national oil companies and increasingly an intense scrutiny and introduction of federal laws. Corporate governance being the rigorous supervision of the management of a company or organization is not a new development but has become a subject of discussion amongst numerous scholars and pratitioners. With reforms and regulations being mandated on corporations it thus has become imperative to adopt the right Corporate Governance structure that would ensure businesses are run competently with integrity and due regard for the interest of the relevant shareholders. 2009 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/25373/1/Adebayo_Adenrele.pdf Adenrele, Adebayo Alexander (2009) Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals? [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Adenrele, Adebayo Alexander
Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title_full Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title_fullStr Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title_full_unstemmed Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title_short Structure of Corporate Governance in Oil and Gas Industry-Post Corporate Scandals Will Regulatory Reforms Prevent Future Scandals?
title_sort structure of corporate governance in oil and gas industry-post corporate scandals will regulatory reforms prevent future scandals?
url https://eprints.nottingham.ac.uk/25373/