Corporate Governance

"In this book the work of nine outstanding scholars in the field converges, along different avenues of research and analysis, toward a vital critique of two assumptions in currently dominant economic theory that uncertainty can be reduced to numerical probabilities, and that individuals are substantially rational, that is, capable of establishing beforehand an efficacious solution for all possible eventualities.". "These authors argue that efficient corporate governance requires the establishment of devices of cooperation among the various stakeholders that enable the operation of collective learning. Their contributions to this book clearly enunciate both the need for such organisational learning and the lessons of several specific recent transformations in governance practice that manifest a degree of such learning.". "What the common undertaking of these authors finally reveals is of immeasurable value to the business community: potent suggestions that foster the development of a reflexive capacity among actors in corporate governance to isolate what the real problem is, to identify the elements of the context that it would be expedient to transform, and to construct collectively the modalities of an effective transformation."--BOOK JACKET.

Year

2003

Language

English

Publisher

Kluwer Law International

Editions

1

Pages

276

ISBN

9789041121356

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