The theory of pluralism in corporate governance: A conceputal framework and empirical test [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
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Journal of Business Ethics 14 (10):789 - 804 (1995)
The concept of pluralism in corporate governance is stated as an emergent theory. Grounded in the concept of enhancing the input of various stakeholders and lessening the control of managers in corporate governance, the theory is the foundation of proposed legal changes in corporate governance and the board of directors. While more pluralistic control has been conceptually linked to improved social performance of the firm, this proposition is not supported in an empirical investigation.
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Taïeb Hafsi & Gokhan Turgut (2013). Boardroom Diversity and its Effect on Social Performance: Conceptualization and Empirical Evidence. [REVIEW] Journal of Business Ethics 112 (3):463-479.
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