Efficiency as a new ideology of trust-building corporate governance
Journal Title: Business and Economic Horizons - Year 2018, Vol 14, Issue 4
Abstract
This paper seeks to examine the mainstream theories of corporate governance in an attempt to suggest that efficient corporate governance has no logical claim to “objectivity” and not always contribute to trust-building. Therefore, efficiency as the corporate governance goal is political and ideological plan of actions based on a set of controversial conceptual and empirical assumptions, which constitute norms and prescriptions. In addition, mechanisms of how these ideologies are supported and reproduced are shown. The paper provides the basis and seeks to persuade policymakers and commentators for new interdisciplinary research into the behavioral and political economy of corporate governance.
Authors and Affiliations
Maryna Brychko, Andrii Semenog
Keywords
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- EP ID EP439473
- DOI 10.15208/beh.2018.62
- Views 92
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