kaal:claim:2922176-025
Even after recent reforms, the corporate governance framework remains framed in terms of hierarchy, which is why it fits poorly with looser and unmediated stakeholder relationships.
Source quote, verbatim
The corporate governance framework is still framed in terms of hierarchy, even after recent reforms.
From
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017), V. Unmediated & Technology-Based Corporate Governance, p. 31
https://ssrn.com/abstract=2922176 · source PDF
Cite as
Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
Holds when
Classification
failuresupport: arguedfailure: persistent hierarchy framingfamily: rule-obsolescence-and-ossificationinstitutional-designgovernance-designcorporate-governancedecentralization
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