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dc.contributor.authorNaughton, Tony
dc.date.accessioned2018-02-15T23:39:12Z
dc.date.available2018-02-15T23:39:12Z
dc.date.created2002-04-04T00:00:00Zen_US
dc.date.issued2002
dc.identifier.urihttp://hdl.handle.net/10072/368680
dc.description.abstractIn his paper Professor Naughton argues that the theory of the firm is flawed when we attempt to explain international corporate behaviour. Not only is the theory of the firm flawed, the agency theory view of corporate governance is also lacking credibility. The central plank on which agency theory is based cannot be shown to lead to superior outcomes. In addition, it is argued that the emphasis on the providers of finance in corporate governance is too narrow a perspective. A stakeholder view of corporate governance, recognising the legitimate role of employees and other stakeholders, is a more appropriate model.en_US
dc.languageEnglishen_US
dc.publisherGriffith Universityen_US
dc.publisher.placeBrisbaneen_US
dc.relation.ispartofseriesProfessorial Lecture Series No. 3en_US
dc.titleCorporate Governance: an International Perspectiveen_US
dc.typeOtheren_US
gro.rights.copyright© 2002 Griffith Universityen_US
gro.hasfulltextFull Text
gro.departmentSchool of Accounting and Financeen_US
gro.griffith.authorNaughton, Tony


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    Contains the Griffith Professorial Lecture Series for the period 1995 to 2005.

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