David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
International Journal of Business Governance and Ethics 3 (2):179-203 (2007)
Scandals, top management misbehaviour and company failures resulting in a loss of investment and public trust in companies is well documented. Why has this corporate governance crisis happened, will it continue and what are implications for the board? A theoretical and empirical approach is taken to understand the changing nature of values in society reflected in executives to reveal the cause of the recent corporate governance crisis and implications for the board. Data from executives was collected from 163 owner/managers, senior managers and middle managers and combined with UK and US longitudinal population data. Results of the current research found empirical support for changing social values with the implication that the consensus of 'playing by the rules' has broken down and replaced by the need to outperform expectations even if that means bending or breaking the rules. This paper concludes with an action plan for the board agenda.
|Keywords||No keywords specified (fix it)|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
No citations found.
Similar books and articles
Robert W. Kolb (2010). New Directions in Corporate Governance and Finance. Business Ethics Quarterly 20 (4):673-694.
Chris Ogbechie & Dimitrios N. Koufopoulos (2007). Corporate Governance Practices in Publicly Quoted Companies in Nigeria. International Journal of Business Governance and Ethics 3 (4):350-381.
S. R. Diacon & C. T. Ennew (1996). Can Business Ethics Enhance Corporate Governance? Evidence From a Survey of UK Insurance Executives. Journal of Business Ethics 15 (6):623 - 634.
Avshalom M. Adam & Mark S. Schwartz (2009). Corporate Governance, Ethics, and the Backdating of Stock Options. Journal of Business Ethics 85 (1):225 - 237.
Bryan W. Husted & Carlos Serrano (2002). Corporate Governance in Mexico. Journal of Business Ethics 37 (3):337 - 348.
Rick Molz (1995). The Theory of Pluralism in Corporate Governance: A Conceputal Framework and Empirical Test. [REVIEW] Journal of Business Ethics 14 (10):789 - 804.
Andrew West (2006). Theorising South Africa's Corporate Governance. Journal of Business Ethics 68 (4):433 - 448.
John Nowland (2008). Are East Asian Companies Benefiting From Western Board Practices? Journal of Business Ethics 79 (1/2):133 - 150.
Richard Leblanc (2007). Corporate Governance and Board Effectiveness 2. International Journal of Business Governance and Ethics 3 (2):106-112.
Scott Lichtenstein, Les Higgins & Pat Dade (2008). Engaging the Board: Integrity, Values and the Board Agenda. International Journal of Business Governance and Ethics 4 (1):79-98.
Added to index2009-01-28
Total downloads12 ( #182,306 of 1,696,470 )
Recent downloads (6 months)2 ( #246,076 of 1,696,470 )
How can I increase my downloads?