Stakeholders vs. Shareholders in Corporate Governance
49 Pages Posted: 27 Mar 2007
Date Written: March 20, 2007
The paper is divided in two coordinate parts. The first considers in general the issue of stockholders vs. stakeholders oriented governance systems and their relative merits and demerits. The second part deals specifically with the issue of the principal-agent problem in a stakeholder context.
Keywords: Stakeholders, Corporate Governance, Varieties of Capitalism
JEL Classification: G34, L2, P12
Suggested Citation: Suggested Citation