Why Stakeholder and Stockholder Theories Are Not Necessarily Contradictory: A Knightian Insight
The normative foundations of the investor centered model of corporate governance, represented in mainstream economics by the nexus-of-contracts view of the firm, have come under attack, mainly by proponents of normative stakeholder theory. We argue that the nexus-of-contracts view is static and limi...
| Veröffentlicht in: | Journal of Business Ethics. - Springer Science + Business Media. - 61(2005), 3, Seite 249-262 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
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2005
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| Zugriff auf das übergeordnete Werk: | Journal of Business Ethics |
| Schlagworte: | Theory of the firm Corporate governance Entrepreneurship Business ethics Stakeholder theory Business Economics Philosophy |
| Online verfügbar |
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