Abstract
In traditional models of corporate governance, authority and power flows downwards from the shareholders through the board of directors/supervisory board to executives and then management and eventually the employees. Governance mechanisms are primarily aimed at curtailing agency problems, notably those that arise between owners and self-serving executives or between executives and self-serving managers.
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Fenwick, M., Vermeulen, E.P.M., Kono, T., Joubert, T. (2023). The Board of Directors as a Missed Opportunity. In: Organizing-for-Innovation. Perspectives in Law, Business and Innovation. Springer, Singapore. https://doi.org/10.1007/978-981-19-7234-8_2
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DOI: https://doi.org/10.1007/978-981-19-7234-8_2
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