Classical and modern concepts of corporate governance (Stewardship Theory and Agency Theory)

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Classical and modern concepts of corporate governance (Stewardship Theory and Agency Theory)

Beata Glinkowska ¹

,

Bogusław Kaczmarek ¹

1

University of Lodz, Department of Management

Online publication date: 2016-01-29

Management 2015;19(2):84-92

DOI: https://doi.org/10.1515/manment-2015-0015

References (5) Citations (19)

KEYWORDS

corporate governance

supervisory of board

Stewardship Theory

ABSTRACT

The main issues in efficiency of a company as an organisation are relations between the Supervisory Board and the Management Board of a company, and the methods of functioning of Supervisory Boards in governance systems of a company. The classical and modern approach to the role, place, and importance of corporate governance presented in this article, is yet another prompt to continue searching for the optimum in the organisational, economical, and social meaning.

REFERENCES (5)

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Grundei J. (2008), Are managers agents or stewards of their principals? Logic, critique reconciliation of two conflicting theories of corporate governance, “Journal für Betriebswirtschaft” Vol. 58, Issue 3.

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Urbanek P. (2005), Nadzór korporacyjny a wynagrodzenie menedżerów, Lodz University Press.

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1.

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International Journal of Latest Technology in Engineering Management & Applied Science

2.

An information technology and innovation committee to guide digital transformations
Erik Beulen, Ries Bode
Corporate Board role duties and composition

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Pietro Pavone
Journal of Governance and Regulation

4.

Contemporary Issues in Accounting
Hilary Coyle

5.

Does sharia governance influence corporate social responsibility disclosure in Indonesia Islamic banks?
Ridwan Ridwan, Arung Gihna Mayapada
Journal of Sustainable Finance & Investment

6.

A Note on Boardroom Challenge, Board Effectiveness and Corporate Stewardship During COVID-19
Manmeet Kaur, Kunjana Malik, Sakshi Sharma
Vision: The Journal of Business Perspective

7.

Role of regulatory monitoring in the Indian Oil and Gas Sector for Risk Reduction
LN Murthy Tata, Prashant Salwan

8.

The link between CSR and earnings quality: evidence from Egypt
Abobaker Mohmed, Antoinette Flynn, Colette Grey
Journal of Accounting in Emerging Economies

9.

The Rise of the Hedge Fund Era
Qian Yu

10.

The Influence of the Independent Non-Executive Board Members on the Financial Performance of the Companies Listed in the Bucharest Stock Exchange
Bogdan Aurelian Mihail, Carmen Daniela Micu
Journal of Risk and Financial Management

11.

Board engagement with digital technologies: A resource dependence framework
Fabio Oliveira, Nada Kakabadse, Nadeem Khan
Journal of Business Research

12.

Carbon emission reduction: Understanding the micro‐foundations of dynamic capabilities in companies with a strategic orientation for sustainability performance
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Business Strategy and the Environment

13.

Role of regulatory monitoring in the Indian Oil and Gas Sector for Risk Reduction
LN Murthy Tata, Prashant Salwan

14.

The Impact of Corporate Governance in the Internal Control System : A Field Study in the Iraqi Business Environment
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INTERNATIONAL JOURNAL OF RESEARCH IN SOCIAL SCIENCES & HUMANITIES

15.

The Role of the Audit Committee as a Corporate Governance Mechanism: The Case of the Banking Sector in Libya
Abdulhakim M. Masli
SSRN Electronic Journal

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Innovation, action des faits futurs et relations de dominance
Anne Marchais-Roubelat
Prospective et stratégie

17.

Financial performance of hospitals: A critical obligation of corporate governance dimensions
Stephen O. Afriyie, Yusheng Kong, Peter Y. Lartey, Li Kaodui, Isaac A. Bediako, Wenhao Wu, Peter H. Kyeremateng
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18.

Establishing a typology for stewardship: a nexus of opportunity for organisational and environmental management
Christopher Martin, Hiroe Ishihara
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19.

The Impact of Digital and Green Innovation Strategy on Citizen Trust Towards Sustainable Financial Performance of Local Government
Siti Amerieska, Novi Nugrahani, Mika Marsely, Santi Rahayu
International Journal of Finance & Banking Studies (2147-4486)

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