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Alexander Brink (2010). Enlightened Corporate Governance: Specific Investments by Employees as Legitimation for Residual Claims.

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  1.  9
    Do Independent Directors Protect Shareholder Value?Pilar Giráldez & José Manuel Hurtado - 2014 - Business Ethics: A European Review 23 (1):91-107.
    The present global financial crisis has revived the notion that competitive markets may lead some directors and executives to behave in opportunistic ways considered unethical and even illegal, through the pursuit of self-interest. This article proposes and tests an integrated model that offers new insights into the relationship between board structure, independence and firm value. By incorporating the proportion of independent directors on the board as a moderating factor in this relationship, this study contributes to a better understanding of the (...)
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    Who Should Control a Corporation? Toward a Contingency Stakeholder Model for Allocating Ownership Rights.Alessandro Zattoni - 2011 - Journal of Business Ethics 103 (2):255-274.
    A number of companies allocate ownership rights to stakeholders different from shareholders, despite the fact that the law attributes these rights to the equity holders. This article contributes to an understanding of this evidence by developing a contingency model for the allocation of ownership rights. The model sheds light on why companies, despite pressures from the law, vary in their allocation of ownership rights. The model is based on the assumption that corporations increase their chance to survive and prosper if (...)
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