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The ethical dilemma of global corporate governance : the maelstrom of increased complexity: is it possible to learn to ride the dragon?
Linnaeus University, Faculty of Business, Economics and Design. (Marknadsföring)ORCID iD: 0000-0003-3323-907X
Colorado Technical University.
2012 (English)Conference paper, Abstract (Refereed)
Abstract [en]

With a background in the scandals in Enron, WorldCom, Vivendi, Adelphia, Tyco, Global Crossing, and others, this article discusses three ethical issues:

1) Are managers corrupt?

2) Is money corrupting management?

3) Or, are things too complex to be manageable?

Consequently, the authors argue that

1) Present accounting procedures are antiquated and provide limited value to those steering companies and could be improved.

2) That such improvement would not be sufficient to give corporate management real control over the company.

3) The question, thus, is that if corporate capitalism’s accounting practices, dating back to the 14th century, cannot keep up with the pace of business today, is corporate capitalism then sustainable and what governance issues does this prospect raise?

Place, publisher, year, edition, pages
2012. 1-21 p.
Keyword [en]
Obligations, realization of obligations, life cycle, project, going-concern
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hig:diva-15329OAI: oai:DiVA.org:hig-15329DiVA: diva2:649926
Conference
19th Annual International Conference on Advances in Management) & 1st Annual International Conference on Social Intelligence, Nassau, July 18-21, 2012
Available from: 2013-09-19 Created: 2013-09-19 Last updated: 2013-09-25Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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  • ieee
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Language
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