Shareholder Primacy and the Trajectory of UK Corporate Governance

By J. Armour, Simon Deakin, Suzanne J Konzelmann. 2003

166 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e4436a4bc8396256717f2a06d6dd47f0eaabf002

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Dirk De Clercq
2. M. Voronov
3. C. Lane
4. G. Wood
5. John L. Campbell
6. A. H. Dyhrberg

In Strategy and Management

1. Karen Williams
2. M. Geppert
3. Dirk De Clercq
4. M. Voronov
5. C. Lane
6. G. Wood
7. John L. Campbell
8. M. Harcourt

Citations in the corpus

• Capitalist diversity and diversity within capitalism (2009, background): “Conversely, transnational institutions may drive changes that are not always in the direction of strengthening shareholder rights: for example, EU directives may strengthen the hand of employees and other stakeholders (Armour et al., 2003, p. 550).”
• Corporate Governance and Social Responsibility: A Comparative Analysis of the UK and the Us (2006, unknown): “So as investors they care about the competitive advantage that they may derive from investing in companies that outperform on these measures or from engaging with companies to improve performance in this area (Solomon et al ., 2004; Armour et al ., 2003).”
• Global, national and local practices in multinational corporations: towards a sociopolitical framework (2006, background): “Recent research on corporate governance by Armour et al. (2003) points to some evidence that the UK NBS may be moving away from a sole focus on shareholder value, which has worked to the detriment of employees as well as other groups, towards a consideration of wider stakeholder interests, which…”
• Sustainability in entrepreneurship: A tale of two logics (2011, background): “Similarly, emphasis upon value-added benefits of acting as an environmentally responsible entrepreneur may be influential upon investors sensitive to social criteria, while a focus on profitability may attract investors guided solely by economic returns (Armour et al., 2003).”
• The Importance of Employment Protection for Skill Development in Coordinated Market Economies (2007, background): “For example, Armour et al. (2003) note that LMEs, far from representing a stable and highly defined alternative to CMEs, are themselves in a constant state of flux, with shareholder primacy frequently challenged by varying forms of worker participation.”
• Why would corporations behave in socially responsible ways? an institutional theory of corporate social responsibility (2007, background): “…oblige employers in all member countries—regardless of the strength of unions—to enter into processes of information and consultation with employee representatives at critical moments, such as when firms become insolvent or managers try to sell the firm to another corporation (Armour et al., 2003).”