Contrary to the dominant view of corporate governance as a forward looking endeavor, dynamic governance structures are properly categorized as backward looking ex ante forms of corporate governance.
Source quote, verbatim
By contrast, in the theoretical framework of dynamic regulation, dynamic gov- ernance structures can be categorized as backward-looking ex-ante forms of corporate governance.
From
Kaal, Dynamic Regulation via Governmental Contracts (2014), II.5 Dynamic Corporate Governance, p. 17 · source PDF
Cite as
Kaal, Dynamic Regulation via Governmental Contracts (2014)
Holds when
within the theoretical framework of dynamic regulation
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