Corporate shareholder governance
Strategic management and corporate governance

The principles of "standard" corporate governance aim to regulate relations between the company's shareholders (or "owners") and its general managers (or "agents"), helping to secure shareholders' investments [13]. They result from the intersection of several theoretical approaches, summarized in the table 1.

The primary aim of shareholder governance is to ensure efficient management of company ownership by distributed shareholders (or family shareholders), despite the divergent interests and different risks incurred by shareholders...