Journal of Management and Governance
Опубликовано на портале: 17-04-2007Gerard Charreaux, Phillippe Desbrières Journal of Management and Governance. 2004. Vol. 5. No. 2. P. 107-128.
Unsatisfied with the dominating shareholders’ point of view, that appears to be too limited to build a relevant theory of corporate governance, we propose an enlarged definition of the value which may be called, the stakeholder value. This definition and its associated measure are more suitable for the stakeholder approach to the firm and more relevant to understand the value creation and sharing mechanisms.