Overview
ABSTRACT
Corporate governance consists of all the processes, regulations, laws and institutions which are to be the framework of a new way to conceive strategic decisions and organizational piloting in the objective of both meeting the needs of the company and enhance its performances. Over the last few decades, governance methods have become more diverse and involved increasingly complex competences and know-hows. Employees, shareholders, Board of Directors, management, suppliers and clients are all involved, at various levels according to the type of governance chosen, in the setting up of objectives and decisions for the development of the company.
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Read the articleAUTHOR
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Jean-Jacques PLUCHART : Professor at the University of Paris I Panthéon-Sorbonne - Former Director of Planning and Research at Total France, Past-President of Omnium Européen
INTRODUCTION
Strategic decisions and organizational steering are primarily the responsibility of the company's Board of Directors (or Supervisory Board and Management Board) and Management Board (or Executive Committee). The definition of the missions and organization of the "strategic core" calls on the theories and practices of governance, which may take the form of shareholding or partnership.
Theories |
Approaches |
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Institutional Veblen Commons Knight |
The "capitalist firm" is :
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Neo-institutional |
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Strategic management and corporate governance
Corporate shareholder governance
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