TY - CHAP
T1 - The Board of Directors as a Missed Opportunity
AU - Fenwick, Mark
AU - Vermeulen, Erik P.M.
AU - Kono, Toshiyuki
AU - Joubert, Tronel
N1 - Publisher Copyright:
© 2023, The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
PY - 2023
Y1 - 2023
N2 - In traditional models of corporate governance, authority and power flows downwards from the shareholders through the board of directors/supervisory board to executives and then management and eventually the employees. Governance mechanisms are primarily aimed at curtailing agency problems, notably those that arise between owners and self-serving executives or between executives and self-serving managers.
AB - In traditional models of corporate governance, authority and power flows downwards from the shareholders through the board of directors/supervisory board to executives and then management and eventually the employees. Governance mechanisms are primarily aimed at curtailing agency problems, notably those that arise between owners and self-serving executives or between executives and self-serving managers.
UR - http://www.scopus.com/inward/record.url?scp=85141413384&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=85141413384&partnerID=8YFLogxK
U2 - 10.1007/978-981-19-7234-8_2
DO - 10.1007/978-981-19-7234-8_2
M3 - Chapter
AN - SCOPUS:85141413384
T3 - Perspectives in Law, Business and Innovation
SP - 29
EP - 44
BT - Perspectives in Law, Business and Innovation
PB - Springer
ER -