Australian Directors Define Corporate Governance
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Authors
McCabe, Margaret
Date
2005Type
Conference Paper
Metadata
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McCabe, Margaret. 2005. Australian Directors Define Corporate Governance, in Erdener Kaynak & Talha D. Harcar (ed), Global Business: The Challenges and Responsibilties in a World of Shifting Alliances, Jul 10 2005, pp. 406-413. Granada, Spain: The International Management Development Association.
Source Title
Fourteenth World Business Congress
Source Conference
Global Business: The Challenges and Responsibilties in a World of Shifting Alliances
ISBN
Faculty
School of Agriculture and Environment
Faculty of Science and Engineering
Department of Agribusiness and Wine Science
School
Graduate School of Business
Collection
Abstract
Increasingly there is a call for refining and defining what is understood when using the term corporate governance. The research reported on here provides a definition constructed from the language used by directors of public listed companies in Australia. Analysis of the definition reveals a departure from the traditional language that was reflective of agency theory and reliance by directors on language that is consistent with the underlying principles of stakeholder theory. Furthermore the provision for multiple and varied stakeholders in a constantly changing environment aligns with the principles of complex adaptive systems theory .