
Updated: 10/12/2008 09:56
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| Corporate Governance: Stakeholder Value Versus Shareholder Value | |
Abstract
Unsatisfied with the dominating shareholders'view, that we find unfitted to build a relevant theory of Corporate governance
, we propose an enlarged definition of the value which may be called, the stakeholder value. This definition and the associated measure are supposed to be more fitted to the stakeholder view of the firm and more relevant to understand the value creation and sharing mechanisms.
Authors in this community
CHARREAUX, Gérard
CHARREAUX, Gérard
Download locations
Corporate Governance: Stakeholder Value Versus Shareholder Value http://ideas.repec.org/p/dij/wpfarg/1010301.html
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