Exploring Corporate Governance Theories: Agency, Stakeholder, Stewardship, and More

Описание: Corporate governance is a crucial aspect of modern business, ensuring that companies are effectively directed and controlled. In this video, we dive into key theories that explain corporate governance, including Agency Theory, Stakeholder Theory, Stewardship Theory, Institutional Theory, and Resource Dependency Theory. Each theory provides a distinct perspective on how companies manage relationships between stakeholders, align interests, and navigate challenges in a complex environment.

Discover how Agency Theory focuses on monitoring managers to align their actions with shareholder interests, while Stakeholder Theory broadens this view to include a wider array of stakeholders, aiming for long-term value and sustainability. Stewardship Theory takes a different approach by emphasizing trust and managerial empowerment, assuming that leaders inherently act in the company's best interest. Institutional Theory shows how external pressures shape governance practices, while Resource Dependency Theory highlights the need for effective management of relationships to secure essential resources.

This comprehensive overview will help you understand the various approaches businesses use to balance accountability, transparency, and stakeholder relationships, leading to more sustainable and ethical corporate practices.

#CorporateGovernance #AgencyTheory #StakeholderTheory #StewardshipTheory #InstitutionalTheory #BusinessManagement #CorporateStrategy #Leadership #BusinessEducation #ResourceDependencyTheory