Journal of Business Ethics 58 (1-3):177-185 (2005)

Abstract
. In this paper, we consider the nature of recent corporate abuses both in the U.S. and in Europe, and how globalization has had an impact on amplifying their consequences. We discuss the rules-based and principles-based remedies that have been proposed in each region, respectively. With a focus on the U.S. Sarbanes-Oxley Act (SOA), we examine the principles forwarded by this act, and how it addresses those principles with specific rules and governance mechanisms. Invoking Integrative Social Contracts Theory (ISCT), we conclude with a reconciliation of the principles and rules-based approaches to corporate governance as suggested by theory.
Keywords Corporate governance  Sarbanes-Oxley Act  Integrative Social Contracts Theory (ISCT)
Categories (categorize this paper)
DOI 10.1007/s10551-005-1402-y
Options
Edit this record
Mark as duplicate
Export citation
Find it on Scholar
Request removal from index
Revision history

Download options

PhilArchive copy


Upload a copy of this paper     Check publisher's policy     Papers currently archived: 71,290
External links

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

Add more references

Citations of this work BETA

View all 8 citations / Add more citations

Similar books and articles

Corporate Governance Reform: Character‐Building Structures.Peter Mcghee Patricia Grant - 2014 - Business Ethics, the Environment and Responsibility 23 (2):125-138.
Corporate Governance Reform: Character‐Building Structures.Patricia Grant & Peter McGhee - 2014 - Business Ethics: A European Review 23 (2):125-138.
Theorising South Africa’s Corporate Governance.Andrew West - 2006 - Journal of Business Ethics 68 (4):433 - 448.
Corporate Governance and Trust in Business: A Matter of Balance.G. J. Rossouw - 2005 - African Journal of Business Ethics 1 (1):1.
Ethics, Corporations, and Governance.Wesley Cragg & Dirk Matten - 2011 - Journal of Business Ethics 102 (S1):1-4.
Internal Corporate Governance and Personal Trust.Deon Rossouw - 2009 - African Journal of Business Ethics 4 (1):37.
Corporate Governance in South Africa.G. J. Rossouw, A. Van der Watt & D. P. Malan - 2002 - Journal of Business Ethics 37 (3):289 - 302.
Corporate Governance in South Africa.G. J. Rossouw, A. van der Watt & D. P. Malan Rossouw - 2002 - Journal of Business Ethics 37 (3):289 - 302.
It’s Time for Principles-Based Accounting Ethics.Albert D. Spalding & Alfonso Oddo - 2011 - Journal of Business Ethics 99 (S1):49-59.
Philosophical and Paradoxical Issues in Corporate Governance.Steve Letza & Xiuping Sun - 2004 - International Journal of Business Governance and Ethics 1 (1):27-44.
Why are there Differences in Corporate Governance Among the Listed Companies?[author unknown] - 2008 - Nankai University (Philosophy and Social Sciences) 6:34-44.
Changing Societal and Executives' Values: Their Impact on Corporate Governance.Scott Lichtenstein & Pat Dade - 2007 - International Journal of Business Governance and Ethics 3 (2):179-203.

Analytics

Added to PP index
2009-01-28

Total views
57 ( #201,395 of 2,518,730 )

Recent downloads (6 months)
1 ( #408,070 of 2,518,730 )

How can I increase my downloads?

Downloads

My notes