Ageism has resulted in overstated expectations regarding the inevitable deterioration in human capabilities, such as visual perception, with age (Rowe & Kahn, 1987; Grant, 1996). Human visual perception, however, is of a largely constructive nature, evidenced in the complementary interactions...

Using an information processing perspective we identify two reasons why boards failed to manage risk well 1) board members did not get relevant information about risks incurred by management because they lacked control over information supply; 2) board members were not able to process such...

In this paper I explore what "working alternatives" to shareholder capitalism could look like. I explore the various understandings and definitions of capitalism and suggest that capitalism may be best understood as rhetorical device. I then explore the current ontological assumptions of...

The financial crisis of 2008/09 has many roots and remedies will have to be multipronged. However, there seems no doubt that corporate governance mechanisms failed with regard to risk management across the board. In this presentation, we show the systemic shortcomings of a unitary board which...

This paper suggests a reexamination of current governance structures, specifically those of unitary boards after the financial crisis of 2008. We suggest that the existing governance structures are based on an outdated paradigm of business, rooted in economics. We propose an alternative...

In this paper we review the challenges to the current economic system, and proceed by presenting two competing paradigms- the economistic and the humanistic paradigm of business. We then develop the consequences of the humanistic view for the theory of the firm and the practice of the firm. We...