Corporate Group Legitimacy

Corporate Group Legitimacy PDF Author: Peter Underwood
Publisher: Taylor & Francis
ISBN: 1040096425
Category : Law
Languages : en
Pages : 168

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Book Description
This book focuses on the legitimacy of corporate power wielded by corporate groups, integrating legal doctrine, economic analysis, and theoretical approaches. It reassesses how corporate groups can maintain legitimacy whilst exercising corporate power. Corporate groups are a prominent commercial feature of many jurisdictions and present unique challenges. The book argues that when analysed through the lens of corporate social responsibility, a legitimacy deficiency emerges. This arises from a lack of historical debate, diluted control mechanisms, and inflated growth, utilising unique features of the corporate group. It explores how the magnified power of the corporate group presents acute challenges for corporate legitimacy. Data is utilised alongside current examples of corporate groups which identify structural architectural patterns. It explores new technologies such as Artificial Intelligence and blockchain as ways of attaining legitimacy. It presents methods of attaining legitimacy for the continued wielding of power to be held within corporate groups. This book spans several research interests under the corporate law umbrella. It will be of interest to traditional black letter company lawyers. Additionally, it will be of interest to those who have an interest in business and those who are interested in the role of technology.

Corporate Group Legitimacy

Corporate Group Legitimacy PDF Author: Peter Underwood
Publisher: Taylor & Francis
ISBN: 1040096425
Category : Law
Languages : en
Pages : 168

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Book Description
This book focuses on the legitimacy of corporate power wielded by corporate groups, integrating legal doctrine, economic analysis, and theoretical approaches. It reassesses how corporate groups can maintain legitimacy whilst exercising corporate power. Corporate groups are a prominent commercial feature of many jurisdictions and present unique challenges. The book argues that when analysed through the lens of corporate social responsibility, a legitimacy deficiency emerges. This arises from a lack of historical debate, diluted control mechanisms, and inflated growth, utilising unique features of the corporate group. It explores how the magnified power of the corporate group presents acute challenges for corporate legitimacy. Data is utilised alongside current examples of corporate groups which identify structural architectural patterns. It explores new technologies such as Artificial Intelligence and blockchain as ways of attaining legitimacy. It presents methods of attaining legitimacy for the continued wielding of power to be held within corporate groups. This book spans several research interests under the corporate law umbrella. It will be of interest to traditional black letter company lawyers. Additionally, it will be of interest to those who have an interest in business and those who are interested in the role of technology.

Responsibility, Ethics and Legitimacy of Corporations

Responsibility, Ethics and Legitimacy of Corporations PDF Author: Jacob Dahl Rendtorff
Publisher: Copenhagen Business School Press DK
ISBN: 9788763002202
Category : Business & Economics
Languages : en
Pages : 532

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Book Description
Business ethics, corporate social responsibility, corporate citizenship, values-driven management, corporate governance, and ethical leadership are necessary horizons for the legitimacy of corporations in the process of globalization. Based on hermeneutics and institutional analysis, this book discusses the place of values in corporations and the role of ethics in management. With the theories of business ethics as a starting point, it is possible to propose a vision of the good citizen corporation. The book presents theories, concepts of responsibility for stakeholder justice, and basic ethical principles of respect for autonomy, dignity, integrity, and vulnerability. This is the foundation for an analysis of the ethical relations to internal and external constituencies of the firm, i.e. shareholders, owners, investors, management, employees, consumers, and local community. The interaction with the environment is further analyzed with a focus on ethical principles as the basis for sustainability. This investigation culminates with the conceptualization of the firm as a collective and institutional moral agent. The content also includes analysis of concrete political developments in the US, Europe, and the United Nations. Finally, the book provides a framework for a new corporate strategy based on global business ethics.

The Limits and Logic of Agency Theory in Company Law

The Limits and Logic of Agency Theory in Company Law PDF Author: Jonathan Hardman
Publisher: Taylor & Francis
ISBN: 1040131603
Category : Law
Languages : en
Pages : 259

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Book Description
Agency theory is ubiquitous in company law. This book explores (a) the limits of such deployment, and (b) the logic of how to deploy it. The book makes five linked arguments in respect of the limits of agency theory in company law. First, it argues that agency theory has become so broad that it can be used to analyse most human relationships. Such breadth, though, comes at the expense of legal clarity: as agency relationships cover such a broad range of relationships, there are no normative legal conclusions that can be drawn merely from identifying such a relationship. Second, it argues that we need to differentiate more specific concepts with clearer legal implications, such as externalities, and the particular manifestation of moral hazard that appears in insurance dynamics. Third, it argues that considerable amounts of existing company law theory - which is ostensibly built from agency theory - is in fact based on a series of hidden value judgments at each stage of the analysis. Fourth, it argues that company law theory should use agency theory less to rebalance the discipline: agency theory has become hegemonic, which is dangerous for the discipline, obscures company law’s role in establishing incentives, undermines accountability, and reduces company law’s autonomy. The book then moves to the logic of agency theory and makes three arguments. First, it argues that we need to factor in the company, only apply agency theory to voluntary interactions, and foreground our value judgments when identifying agency relations to do it properly. Second, it argues that it is rational to incur agency costs when we perceive the benefits of doing so to outweigh the costs, meaning that agency costs can be facilitative and we should look to front-end them rather than universally minimise them. Third, it argues that this needs to be undertaken through mandatory laws. Exploring the external limits and internal logic of agency cost analysis, this book will be of interest to academics, students, and researchers of corporate and company law.

Proceedings of the International Conference of Economics Business and Economics Education Science (ICE-BEES-24)

Proceedings of the International Conference of Economics Business and Economics Education Science (ICE-BEES-24) PDF Author: Kris Brantas Abiprayu
Publisher: Springer Nature
ISBN: 9464635223
Category : Electronic books
Languages : en
Pages : 910

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Book Description


Corporate Social Responsibility in Management and Engineering

Corporate Social Responsibility in Management and Engineering PDF Author: Carolina Machado
Publisher: CRC Press
ISBN: 1000791556
Category : Science
Languages : en
Pages : 145

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Book Description
Referring to an organizations responsibility for their impact on society, corporate social responsibility (CSR) is greatly relevant for the competitiveness, sustainability and innovation in the management and engineering arena of organizations, and the economy worldwide. Taking in account its these concerns, Corporate Social Responsibility in Management and Engineering covers the issues related to corporate social responsibility in management and engineering in a context where organizations are facing, day after day, high challenges for what concerns issues related to their social responsibility. The book looks to contribute to the exchange of experiences and perspectives about the state of the research related to CSR, as well as the future direction of this field of research. It looks to provide a support to academics and researchers, as well as those that operating in the management field need to deal with policies and strategies related to CSR.

African Seminars

African Seminars PDF Author: Various Authors
Publisher: Routledge
ISBN: 0429812760
Category : Social Science
Languages : en
Pages : 2446

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Book Description
Originally published between 1986 and 1989 the 8 volumes in this set reflect the research and debate surrounding many issues for the African economy, society and culture and as such make a vital contribution to effective development, both rural and urban. They re-issue key titles from the International African Library and the International African Seminars and address themes of direct relevance to contemporary Africa on topics as diverse as medicine, migration, housing, pastorialism and marriage.

Ethics and Business

Ethics and Business PDF Author: Paul C. Godfrey
Publisher: John Wiley & Sons
ISBN: 1119889219
Category :
Languages : en
Pages : 307

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Book Description


Nonprofit Organizations and Corporate Responsibility

Nonprofit Organizations and Corporate Responsibility PDF Author: Nicholas A. Arnold
Publisher: BoD – Books on Demand
ISBN: 3756282880
Category : Business & Economics
Languages : en
Pages : 118

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Book Description
Within three individual essays, this thesis deals with collaborative and confrontational approaches by NPOs towards companies, and the role these play with respect to corporate responsibility. By drawing on social movement theory, nonprofit-business collaboration literature as well as legitimacy theory, it advances our knowledge regarding two topics: First, this thesis provides answers to the question how successful collaborative and confrontational approaches are individually at influencing households' judgements of companies and of NPOs themselves. Second, it extends our knowledge of interactions between these approaches. With respect to individual effects, this thesis demonstrates that both collaborative and confrontational approaches by NPOs exert a significant effect on households' legitimacy evaluations of companies and subsequently their consumption intentions. Legitimacy also appears as important underlying factor influencing households' support for NPOs, with collaborative NPOs enjoying higher legitimacy and thus support from households than confrontational ones. Concerning interactions between these two types of approaches, this thesis finds confirmation for previous suggestions that contrasting NPO approaches interplay - but demonstrates that such interactions clearly present a double-edged sword. By simultaneously focusing their approach on the same company, both types of NPO suffer a loss in their ability to influence households' perceptions of companies in the way they envision as well as their capability of attaining resources. However, if such approaches are applied sequentially, the picture of these interaction-effects become more positive. These results indicate that NPOs with different approaches towards companies are well advised to work together in a strategic manner in order to maximize their success.

Corporate Social Responsibility, Sustainability, and Ethical Public Relations

Corporate Social Responsibility, Sustainability, and Ethical Public Relations PDF Author: Donnalyn Pompper
Publisher: Emerald Group Publishing
ISBN: 1787438406
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
This book offers practical advice for building organizations with social responsibility and sustainability organically built in – based on two-way communication between human resources (HR) and public relations (PR) departments working together as an organizational conscience touchstone benefiting People, Planet, and Profit.

The Oxford Handbook of Business Ethics

The Oxford Handbook of Business Ethics PDF Author: George G. Brenkert
Publisher: Oxford University Press, USA
ISBN: 0199916225
Category : Business & Economics
Languages : en
Pages : 746

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Book Description
The Oxford Handbook of Business Ethics is a comprehensive treatment of the field of business ethics as seen from a philosophical approach. The volume consists of 24 essays that survey the field of business ethics in a broad and accessible manner, covering all major topics about the relationship between ethical theory and business ethics.