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Who Should Control a Corporation? Toward a Contingency Stakeholder Model for Allocating Ownership Rights

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  • Alessandro Zattoni

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  • Alessandro Zattoni, 2011. "Who Should Control a Corporation? Toward a Contingency Stakeholder Model for Allocating Ownership Rights," Journal of Business Ethics, Springer, vol. 103(2), pages 255-274, October.
    • Handle: RePEc:kap:jbuset:v:103:y:2011:i:2:p:255-274
    DOI: 10.1007/s10551-011-0864-3
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    References listed on IDEAS

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    3. Alexander Brink, 2010. "Enlightened Corporate Governance: Specific Investments by Employees as Legitimation for Residual Claims," Journal of Business Ethics, Springer, vol. 93(4), pages 641-651, June.
    4. Shleifer, Andrei & Vishny, Robert W, 1997. "A Survey of Corporate Governance," Journal of Finance, American Finance Association, vol. 52(2), pages 737-783, June.
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    7. Lorenzo Sacconi, 2007. "A Social Contract Account for CSR as an Extended Model of Corporate Governance (II): Compliance, Reputation and Reciprocity," Journal of Business Ethics, Springer, vol. 75(1), pages 77-96, September.
    8. Ernst Fehr & Susanne Kremhelmer & Klaus M. Schmidt, 2008. "Fairness and the Optimal Allocation of Ownership Rights," Economic Journal, Royal Economic Society, vol. 118(531), pages 1262-1284, August.
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    10. Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
    11. Barzel,Yoram, 1997. "Economic Analysis of Property Rights," Cambridge Books, Cambridge University Press, number 9780521597135, February.
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    14. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    15. Cornelius, Peter K. & Kogut, Bruce (ed.), 2003. "Corporate Governance and Capital Flows in Global Economy," OUP Catalogue, Oxford University Press, number 9780195161717.
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    18. Lorenzo Sacconi, 2006. "A Social Contract Account for CSR as an Extended Model of Corporate Governance (I): Rational Bargaining and Justification," Journal of Business Ethics, Springer, vol. 68(3), pages 259-281, October.
    19. Russell W. Coff, 1999. "When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power," Organization Science, INFORMS, vol. 10(2), pages 119-133, April.
    20. Kester, W Carl, 1992. "Industrial Groups as Systems of Contractual Governance," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 8(3), pages 24-44, Autumn.
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    Cited by:

    1. J. Robert Mitchell & Ronald K. Mitchell & Richard A. Hunt & David M. Townsend & Jae H. Lee, 2022. "Stakeholder Engagement, Knowledge Problems and Ethical Challenges," Journal of Business Ethics, Springer, vol. 175(1), pages 75-94, January.
    2. Jae Eun Shin & Seung-Weon Yoo & Gun Lee, 2020. "The Effects of Blockholder Dispersion on the Informativeness of Earnings: Evidence from Korea," Sustainability, MDPI, vol. 12(22), pages 1-18, November.
    3. Charbel Chedrawi & Souheir Osta, 2017. "CSR in the banking sector: A legitimacy approach to the shareholders' and stakeholders' debate," Post-Print hal-01815483, HAL.
    4. Faisal Hameed & Mohammad Alfaraj & Khizar Hameed, 2023. "The Association of Board Characteristics and Corporate Social Responsibility Disclosure Quality: Empirical Evidence from Pakistan," Sustainability, MDPI, vol. 15(24), pages 1-23, December.
    5. Rae André, 2012. "Assessing the Accountability of the Benefit Corporation: Will This New Gray Sector Organization Enhance Corporate Social Responsibility?," Journal of Business Ethics, Springer, vol. 110(1), pages 133-150, September.
    6. Dorothee Feils & Manzur Rahman & Florin Şabac, 2018. "Corporate Governance Systems Diversity: A Coasian Perspective on Stakeholder Rights," Journal of Business Ethics, Springer, vol. 150(2), pages 451-466, June.
    7. Eugenio Zubeltzu‐Jaka & Igor Álvarez‐Etxeberria & Eduardo Ortas, 2020. "The effect of the size of the board of directors on corporate social performance: A meta‐analytic approach," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 27(3), pages 1361-1374, May.
    8. Christine Mallin & Giovanna Michelon & Davide Raggi, 2013. "Monitoring Intensity and Stakeholders’ Orientation: How Does Governance Affect Social and Environmental Disclosure?," Journal of Business Ethics, Springer, vol. 114(1), pages 29-43, April.
    9. Zeineb Ouni & Hatem H. Ghouma & Hamdi Ben‐Nasr, 2024. "Do SWF investments matter for bond ratings? The role of corporate governance," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 33(3), pages 293-321, August.
    10. John Parnell & Gregory Scott & Georgios Angelopoulos, 2013. "Benchmarking Tendencies in Managerial Mindsets: Prioritizing Stockholders and Stakeholders in Peru, South Africa, and the United States," Journal of Business Ethics, Springer, vol. 118(3), pages 589-605, December.
    11. Francesco Perrini & Angeloantonio Russo & Antonio Tencati & Clodia Vurro, 2011. "Deconstructing the Relationship Between Corporate Social and Financial Performance," Journal of Business Ethics, Springer, vol. 102(1), pages 59-76, March.

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