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The purpose of this article is to develop an ordonomic conceptualization of corporate citizenship and new governance that (a) provides a framework for positively explaining the political participation of companies in new governance processes and (b) does not weaken but instead strengthens the...
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in agency theory has argued that firms may fail to engage in profit maximizing behaviors due to misalignment between the …-managed and professionally managed firms and find that, contrary to the expectations of agency theory, professionally managed …
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