The evolution of corporate governance and its impact on modern corporate America
Abstract
History shows a repetitive cycle of corporations over‐reaching their boundaries and causing social turmoil. Governments are faced with the task of reining them in by enacting regulations. Investors are faced with the task of preserving their individual assets. Corporate governance remains the core issue in these battles. This paper examines the origins of corporate governance and the events during the twentieth century that have failed to align the interests of management and shareholders.
Keywords
Citation
Grant, G.H. (2003), "The evolution of corporate governance and its impact on modern corporate America", Management Decision, Vol. 41 No. 9, pp. 923-934. https://doi.org/10.1108/00251740310495045
Publisher
:MCB UP Ltd
Copyright © 2003, MCB UP Limited