Stakeholders and conflict systems mapping on why the founding charter compact becomes the mainstay of corporate governance

Autor:	Rodolfo Apreda
Rok vydání:	2011
Předmět:	business.industry Corporate governance Charter Accounting business General Business Management and Accounting
Zdroj:	Corporate Ownership and Control. 8:9-19
ISSN:	1810-3057 1727-9232
Popis:	n this paper we put forward an alternative approach to dealing with the Charter of any organization, that essential document which ought to be regarded as the mainstay of governance. In the first place, we show that an organization carries out its tasks by becoming a responsive mechanism to fulfill stakeholders’ demands. In the second place, organizations behave like conflict-systems within which political issues are of the essence when coping with power, influence, control and authority; on these grounds, we give heed to agenda building and the problem of factions. We argue that such two-tiered structure stands for the preconditions of any Charter. Lastly, we set up the Charter as a compact of regulatory and discretionary governance, comprised not only by the articles and certificate of incorporation, but also internal bylaws of the organization, the Statute of Governance, the Code of Good Practices, and provisions for upgrading, overhauling, and even changing the architecture of governance in its entirety.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::17bede6e9fd068aaac739ccfdd79f40e https://doi.org/10.22495/cocv8i2p1 Zobrazit plný text záznamu