Corporate governance and power: a mental element perspective

Pearce, Jeremy and Segon, Michael and Booth, Chris (2015) Corporate governance and power: a mental element perspective. In: 10th Annual London Business Research Conference, 10-11 August 2015, Imperial College London, UK.

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Abstract

Cools (2005) and Collins (2009) share a view that major corporate collapses are most often caused by hubris. This is echoed by Jennings (2006) and Abdullah and Valentine (2009) with respect to ethical failures in companies. Accepting this perspective raises questions about corporate governance and in particular how the traditional governance response to corporate collapse, additional regulation, is ineffective when dealing with hubris. By taking an approach that establishes a relationship between hubris and power within corporations a new understanding of the requirements for corporate governance emerges.

Keywords:Power, Corporate Governance, Hubris
Subjects:N Business and Administrative studies > N215 Organisational Development
N Business and Administrative studies > N200 Management studies
Divisions:Lincoln International Business School
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ID Code:17824
Deposited On:11 Aug 2015 09:51

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