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Accountability Of Corporate Manager: To Synthesize Of The Different Theories By Economic, Political, Social And Behavioral Perspectives

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  • Qussay, Ghazeia

    (Phd student, Department of Business Administration, Infrastructure University Kuala laumpur. Malaysia.)

Abstract

Following the high profile financial scandals of 2007-2008, corporate management has been faced with strong pressures resulting from more regulatory requirements, as well as the increasing expectations of various groups of stakeholders. The responsibility acquired a big importance in front of this financial crisis. This responsibility requires more transparency and communication, inside the company with the collaborators and outside of the company with the society, while companies try to improve the degree of control and to authorize managers to realize the objectives of the company. The objective of this paper is to present the concept of the responsibility generally and the various types of manager’s responsibility in private individual within the company, as well as the explanatory theories of this responsibility through the various perspectives such as: economic, political, social and behavioral. This study should have academic and practical contributions particularly for regulators seeking to improve the companies’ practices and organizational functioning within capital market economy.

Suggested Citation

  • Qussay, Ghazeia, 2016. "Accountability Of Corporate Manager: To Synthesize Of The Different Theories By Economic, Political, Social And Behavioral Perspectives," Journal of Economic and Social Development, Clinical Journals Press, vol. 3(01), pages 01-16, March.
    • Handle: RePEc:ris:joeasd:0153
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Manager; Accountability; Corporate performance; Financial crisis; Behavior;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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