Corporate governance
From Shareholder Primacy to the Stakeholder Corporation
Andrew David W.Y.
ABSTRACT / OVERVIEW
Shareholder primacy treats the firm as a nexus of contracts and puts shareholder wealth first. This paper proposes a stakeholder governance framework for an economy reshaped by AI, financialization, and the reorganization of globalization.
Academic status: public manuscript; public access does not imply formal publication.
Full manuscript
Read the original layout, figures and references in your browser’s PDF reader.
Open PDF readerFiles & citation
Follow the same question
Stakeholder Capital Governance
From the corporation to value co-creation
The paper proposes a stakeholder governance framework; chapter 1 reviews how corporate institutions organize capital and the new challenges they face. The book overview provides a reading path.
Chapter 1 — Achievements and New Challenges of the Corporate Form
Stakeholder Capital Theory
· Chinese textBook overviewStakeholder Capital Theory
Examines the conditions under which shared contributions form resources, capabilities and cooperative relationships that remain usable over time, and how corresponding rights and governance arrangements support long-term cooperation.
· Chinese text