Abstract

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Addressing Some Inherent Challenges to Good Corporate Governance

Bala N. Balasubramanian
Indian Institute of Management Bangalore

The Indian Journal of Industrial Relations, Vol. 44, No. 4, April 2009

Abstract:
Are corporations, in general, amenable to good governance? Are there inherent incompatibilities between good governance and the corporate format of organizations? How can these be addressed satisfactorily without over-regulation that might impair entrepreneurial potential? These are some of the nagging issues this paper explores and offers some radical suggestions for consideration.

Keywords: Corporate Governance, Boards, Dominant Shareholders, Shareholder Democracy, Interested Shareholders, Shareholders Negatively Impacted, Corporate Democracy, Non-aligned Directors, Principal-Agent Paradigm, Corporations, Public Policy, Regulation

JEL Classifications: G34, G38

Accepted Paper Series

Date posted: August 23, 2009 ; Last revised: August 23, 2009

Suggested Citation

Balasubramanian, Bala N., Addressing Some Inherent Challenges to Good Corporate Governance (April 11, 2009). The Indian Journal of Industrial Relations, Vol. 44, No. 4, April 2009. Available at SSRN: http://ssrn.com/abstract=1458913

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Contact Information

Bala N. Balasubramanian (Contact Author)

Indian Institute of Management Bangalore ( email )

Bannerghatta Road
Bangalore, Karnataka 560 076
India
+918026583598 (Phone)