Internalities and the Foundations of Corporate Governance

Social & Legal Studies December 2012, Forthcoming

Queen's University Belfast Law Research Paper No. 2012-10

31 Pages Posted: 22 Jun 2012 Last revised: 31 Oct 2012

See all articles by Ciarán O'Kelly

Ciarán O'Kelly

Queen's University Belfast - School of Law

Sally Wheeler

Australian National University (ANU)

Date Written: May 21, 2012

Abstract

This paper considers the potential contained in an 'internalities' approach to corporate governance. Rather than viewing the company as a 'black box' that can only be regulated through state action, we argue that corporate governance holds in tension the relationship between investors, managers and the corporate board. It is from that tension that a change in corporate culture will emerge. We argue that a state focus on promoting and managing the dialogical character of corporate governance will limit the negative effects of corporate power.

Keywords: Corporate governance, corporate culture, internalities

JEL Classification: K22, M14, G34, G38

Suggested Citation

O'Kelly, Ciarán and Wheeler, Sally, Internalities and the Foundations of Corporate Governance (May 21, 2012). Social & Legal Studies December 2012, Forthcoming; Queen's University Belfast Law Research Paper No. 2012-10. Available at SSRN: https://ssrn.com/abstract=2088804

Ciarán O'Kelly (Contact Author)

Queen's University Belfast - School of Law ( email )

School of Law
Belfast BT7 1NN, BT7 1NN
Ireland

Sally Wheeler

Australian National University (ANU) ( email )

Canberra, Australian Capital Territory 2601
Australia

Register to save articles to
your library

Register

Paper statistics

Downloads
99
Abstract Views
701
rank
267,078
PlumX Metrics