'Corporate governance' rules define decisionmaking roles among various corporate stakeholder groups. There is disagreement as to the goals of corporate governance, with some advocating an exclusive focus on shareholder value while others advocate including the interests of other stakeholders such as creditors and employees. Major means used to advance the interests of shareholders and/or other stakeholders include the board of directors, shareholder voting, monitoring by various gatekeepers, fiduciary duty rules, and incentives created by various markets.
|Original language||English (US)|
|Title of host publication||International Encyclopedia of the Social & Behavioral Sciences: Second Edition|
|Number of pages||7|
|State||Published - Mar 26 2015|
- Corporate governance
- Corporate law
- Fiduciary duty