Efficiency as a new ideology of trust-building corporate governance

Maryna Brychko and Andrii Semenog

Business and Economic Horizons (BEH), 2018, vol. 14, issue 4, 913-925

Abstract: This paper seeks to examine the mainstream theories of corporate governance in an attempt to suggest that efficient corporate governance has no logical claim to “objectivity” and not always contribute to trust-building. Therefore, efficiency as the corporate governance goal is political and ideological plan of actions based on a set of controversial conceptual and empirical assumptions, which constitute norms and prescriptions. In addition, mechanisms of how these ideologies are supported and reproduced are shown. The paper provides the basis and seeks to persuade policymakers and commentators for new interdisciplinary research into the behavioral and political economy of corporate governance.

Keywords: Corporate governance; good corporate governance; trust-building strategy; efficiency; shareholder value; ideology; objective truth rule (search for similar items in EconPapers)
JEL-codes: G32 G34 G41 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://academicpublishingplatforms.com/downloads/ ... building_913-925.pdf (application/pdf)
https://academicpublishingplatforms.com/article.ph ... mber=33&article=2574 (text/html)

Related works:
Journal Article: Efficiency as a new ideology of trust-building corporate governance (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pdc:jrnbeh:v:14:y:2018:i:4:p:913-925

DOI: 10.15208/beh.2018.62

Access Statistics for this article

Business and Economic Horizons (BEH) is currently edited by Orifjan Namozov, Ph.D.

More articles in Business and Economic Horizons (BEH) from Prague Development Center Contact information at EDIRC.
Bibliographic data for series maintained by Jaroslav Holecek ( this e-mail address is bad, please contact ).