Matches in SemOpenAlex for { <https://semopenalex.org/work/W2161149008> ?p ?o ?g. }
Showing items 1 to 61 of
61
with 100 items per page.
- W2161149008 abstract "Prompted by the litany of complaints about corporate boards - as once again highlighted by recent corporate scandals - this paper seeks to add to the literature on why corporation laws in the United States (and, indeed, around the world) generally call for corporate governance by or under a board of directors. Moreover, this paper takes a very different approach in searching for an answer. Instead of theorizing, this paper examines historical sources in order to look at how and why an elected board of directors came to be the accepted mode of corporate governance. This will entail a reverse chronological tour all the way back to the antecedents of today's corporate board in fourteenth through sixteenth century companies of English merchants engaged in foreign trade. The central insight of this chronology is that the corporate board of directors did not develop as an institution to manage the business corporation. Rather, it is an institution the business corporation inherited when the business corporation evolved out of societies of independent merchants. This paper also shows how these merchant societies based their adoption of the antecedents of today's corporate board on widespread political theories and practices in medieval Europe that, although hardly democratic, often called for the use of collective governance by a body of representatives. The discovery of the historical and political origins of the corporate board, besides being interesting in its own right, suggests that the current frustration with corporate boards may arise from confusing an institution designed to achieve political legitimacy through consent of the governed, with the goal of assuring efficient management of a business on behalf of passive investors." @default.
- W2161149008 created "2016-06-24" @default.
- W2161149008 creator A5080550878 @default.
- W2161149008 date "2004-01-01" @default.
- W2161149008 modified "2023-09-25" @default.
- W2161149008 title "The Historical and Political Origins of the Corporate Board of Directors" @default.
- W2161149008 cites W1984194297 @default.
- W2161149008 cites W2025979021 @default.
- W2161149008 cites W2324169124 @default.
- W2161149008 cites W2537705034 @default.
- W2161149008 cites W259628150 @default.
- W2161149008 cites W4232889241 @default.
- W2161149008 cites W4244209381 @default.
- W2161149008 cites W4245487213 @default.
- W2161149008 cites W4249377050 @default.
- W2161149008 doi "https://doi.org/10.2139/ssrn.546296" @default.
- W2161149008 hasPublicationYear "2004" @default.
- W2161149008 type Work @default.
- W2161149008 sameAs 2161149008 @default.
- W2161149008 citedByCount "7" @default.
- W2161149008 countsByYear W21611490082014 @default.
- W2161149008 countsByYear W21611490082015 @default.
- W2161149008 countsByYear W21611490082016 @default.
- W2161149008 countsByYear W21611490082019 @default.
- W2161149008 crossrefType "journal-article" @default.
- W2161149008 hasAuthorship W2161149008A5080550878 @default.
- W2161149008 hasBestOaLocation W21611490082 @default.
- W2161149008 hasConcept C10138342 @default.
- W2161149008 hasConcept C121955636 @default.
- W2161149008 hasConcept C144133560 @default.
- W2161149008 hasConcept C17744445 @default.
- W2161149008 hasConcept C199539241 @default.
- W2161149008 hasConcept C39389867 @default.
- W2161149008 hasConcept C94625758 @default.
- W2161149008 hasConceptScore W2161149008C10138342 @default.
- W2161149008 hasConceptScore W2161149008C121955636 @default.
- W2161149008 hasConceptScore W2161149008C144133560 @default.
- W2161149008 hasConceptScore W2161149008C17744445 @default.
- W2161149008 hasConceptScore W2161149008C199539241 @default.
- W2161149008 hasConceptScore W2161149008C39389867 @default.
- W2161149008 hasConceptScore W2161149008C94625758 @default.
- W2161149008 hasLocation W21611490081 @default.
- W2161149008 hasLocation W21611490082 @default.
- W2161149008 hasLocation W21611490083 @default.
- W2161149008 hasLocation W21611490084 @default.
- W2161149008 hasOpenAccess W2161149008 @default.
- W2161149008 hasPrimaryLocation W21611490081 @default.
- W2161149008 hasRelatedWork W2095331822 @default.
- W2161149008 hasRelatedWork W2186515585 @default.
- W2161149008 hasRelatedWork W2231314195 @default.
- W2161149008 hasRelatedWork W2388609409 @default.
- W2161149008 hasRelatedWork W3009847566 @default.
- W2161149008 hasRelatedWork W3122100884 @default.
- W2161149008 hasRelatedWork W3122722293 @default.
- W2161149008 hasRelatedWork W3124355264 @default.
- W2161149008 hasRelatedWork W4312217078 @default.
- W2161149008 hasRelatedWork W2179233349 @default.
- W2161149008 isParatext "false" @default.
- W2161149008 isRetracted "false" @default.
- W2161149008 magId "2161149008" @default.
- W2161149008 workType "article" @default.