Business, Management and Accounting
8 years ago

Corporate governance fails to boost company performance, calls for political model.

Corporate Governance
Board governance and company performance: any correlations?
Nada Korac‐Kakabadse, Andrew K. Kakabadse, Alexander Kouzmin

Paper Summary

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The article explores the relationship between board governance and company performance. It suggests that while some believe companies should focus solely on profits, others argue that corporations have social responsibilities. Research shows that the impact of corporate governance on performance is inconclusive. The study highlights the need for a broader performance criteria and a political model of governance to address external accountabilities.