The motivation for this paper arose from BlackRock, the biggest investor in the world, wanting, “A new model for corporate governance” and that “companies must benefit all their stakeholders”. The idea of firms delivering value to all stakeholders was reinforced in 2019 by 180 other CEOs...

Economists have neglected the nature of property rights as a policy variable for mitigating the inefficiencies, inequities and un-sustainability of capitalism. Ecological property rights are described that provide a way for introducing prosperity without growth to sustain both society and the...

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...

This paper outlines the conceptual, cultural, contextual and disciplinary scope of the rapidly evolving topic of corporate governance. As a basis for improving the rigour of research and analysis, some definitions are suggested. Reasons for the diversity of viewpoints and concerns are...

This paper identifies eight reasons why it is rational not to trust large complex Anglo corporations and how these reasons could be removed. First, directors are overloaded with information. Second, directors lack information independent of management to evaluate management and the business....