The paper revises the idea of stakeholder responsibility, citing a current case of environmental pollution in New Delhi, India. It argues that given the considerable differences among various groups of passive or active stakeholders, interests disintegrate with the passage of time. The case...

Corporation is a unique, complex and amongst the most influential social institutions that has ever existed in human history. Actions taken by corporations impact the societal ecosystem that they operate in. Beginning 1950, with Howard Bowen's call for corporate social responsibility, ethicists...

Today's emerging business landscapes have triggered a continuous change in the operating paradigms of firm governance, and consequently IT governance. However, firm level behaviors are increasingly following a set pattern. This is precisely because of path dependent mechanisms that have embedded...

Modern day business is beset with changing operating paradigms. Economies with efficient economic policies and stable political systems are a big draw among the investors. Countries that have opened themselves to world markets and that have good legal systems in place, providing protection to...

The paper traces various arguments and theories contributed by economists and finance researchers, to the understanding of corporate governance. It starts with an explanation of the property rights theory, which is considered the forerunner of today's corporate governance arguments and finally...

Traditional corporate governance scholarship excessively focused on the after-effects of separation of ownership from control. While American corporations were characterized by diffusely held ownership structures, most continental and Asian countries were marked by the concentrated ownership...