Explaining the Production and Dissemination of Global Corporate Governance Standards: A Law and Economics Approach to Corporate Governance Codes as a Global Law-Making Technology

Harnay, Sophie

doi:10.1007/978-3-319-60180-9_5

Cited by 2 publications

(1 citation statement)

References 25 publications

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“…As the drafting and enforcement of traditional laws is reaching its limits due to divergent interests and the complexity of issues to be regulated, soft law, in particular corporate governance codes, is increasingly used. This has led to the development of global governance standards for for-profit companies (Harnay, 2018). Also for nonprofits, the adoption of a code of governance is one way to create external legitimacy.…”

Section: Governance Codesmentioning

confidence: 99%

Deepening and broadening the field: introduction to Research Handbook on Nonprofit Governance

Donnelly-Cox¹

2021

Research Handbook on Nonprofit Governance

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Governance has in many respects become the new management. Just as management succeeded administration from the 1960s onwards (Grey, 1999), so governance has replaced management as the label for steering practices and the distribution of authority in organizations, nation states, politics and various other subfields of society. In this introductory chapter, we will weave the contributions to this Handbook together with prior research into the governance 'story' of the 2020s, and thereby discuss the ways in which the Research Handbook on Nonprofit Governance covers and advances the field.We structure this chapter as follows. First, we review governance definitions and the development of the nonprofit governance concept. Then we map the field of nonprofit governance through a focus on organizing contexts, environmental contexts and constituencies, and we consider some of the governance practices that emerge within them. Next, we examine the governance theory-practice nexus by sketching out the theoretical perspectives considered by the Handbook's contributors. We conclude by indicating some of the lacunae that remain.

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Section: Governance Codesmentioning

confidence: 99%

Deepening and broadening the field: introduction to Research Handbook on Nonprofit Governance

Donnelly-Cox¹

2021

Research Handbook on Nonprofit Governance

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La régulation de la gouvernance d’entreprise : de l’autorégulation à la corégulation ?

Harnay¹,

Sachs²

2018

Revue d'Économie Financière

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L’analyse économique considère le plus souvent les technologies juridiques traditionnelles, de type hard law , comme incapables de satisfaire les besoins juridiques hétérogènes des entreprises et des investisseurs en matière de gouvernance d’entreprise. À l’inverse, parce qu’ils sont le plus souvent produits par autorégulation et associent de ce fait étroitement les utilisateurs des règles à leur production, les codes de gouvernance d’entreprise, qui relèvent de la soft law , sont réputés offrir aux agents économiques des règles de gouvernance adaptées et flexibles. Leurs avantages supposés tiennent en outre au caractère volontaire et optionnel de l’adhésion des firmes, reposant sur le système « se conformer ou s’expliquer ». Cet article discute cette vision dominante de l’efficacité supérieure des codes de gouvernance par rapport aux technologies juridiques alternatives. Mobilisant à la fois les apports des disciplines économique et juridique, il souligne les risques associés aux codes en matière de qualité de la gouvernance et de transparence conformiste des entreprises. Revenant sur les réformes françaises récentes en matière de RSE, il suggère qu’un système de corégulation pourrait permettre de surmonter les inconvénients associés à la production autorégulée et hétérorégulée des règles de gouvernance d’entreprise. Classification JEL : G32, G34, G38, K22.

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Explaining the Production and Dissemination of Global Corporate Governance Standards: A Law and Economics Approach to Corporate Governance Codes as a Global Law-Making Technology

Cited by 2 publications

References 25 publications

Deepening and broadening the field: introduction to Research Handbook on Nonprofit Governance

Deepening and broadening the field: introduction to Research Handbook on Nonprofit Governance

La régulation de la gouvernance d’entreprise : de l’autorégulation à la corégulation ?

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