Corporate governance: Stakeholder value versus shareholder value

被引：0

作者：

Charreaux G. ^{[1
]}

Desbrières P. ^{[1
]}

机构：

[1] Université de Bourgogne, IAE Dijon/LATEC 2, Dijon Cedex, 21 066, Boulevard Gabriel

来源：

Journal of Management and Governance | 2001年 / 5卷 / 2期

关键词：

Corporate governance; Shareholder value; Stakeholder value; Value creation; Value sharing;

D O I：

10.1023/A:1013060105433

中图分类号：

学科分类号：

摘要：

Unsatisfied with the dominating shareholders' point of view, that appears to be too limited to build a relevant theory of corporate governance, we propose an enlarged definition of the value which may be called, the stakeholder value. This definition and its associated measure are more suitable for the stakeholder approach to the firm and more relevant to understand the value creation and sharing mechanisms. © 2001 Kluwer Academic Publishers.

引用

页码：107 / 128

页数：21

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