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Corporate Governance Theory: A Comparative Analysis of Stockholder & Stakeholder Governance Models
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by
Suleyman Gokhan Gunay
What is the reason for the existence of a firm? Why can some firms generate competitive advantages based on social capital, and others cannot? What are the underlying reasons for the opportunistic behaviors that drive firms to bankruptcy as in the case of Lehman Brothers? These kinds of questions have a common answer: corporate governance. These ...
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