コーポレート・ガバナンス原則と企業の実践 : 企業独自原則の策定を目指して

概要

論文の詳細を見る
At the beginning of the 1990s corporate governance became already a hotly discussed issue in advanced nations where corporate scandals occurred one after another. And now the whole world including transitional economies has strong interest in corporate governance. With deepening of the hot discussion on the topic more than 250 corporate governance principles as guidelines and codes of best practice for sound and efficient corporate management have actively been made in forty nation, and by ten international organizations such as OECD, GCGF, ICON, EASD and also by ten strong institutional investors like CalPERS, Hermes, TIAA-CREF. The purpose of this article is to clarify how these principles spread among firms, and then how they are accepted and applied to corporate management. Firstly, the author divides corporate governance principles into two types: one is manager-made principles and the other outsider-made principles. Secondly, he deals with them and clarifies their penetration process in the firm and their role in corporate management. Thirdly, the author handles innovative Japanese firms such as Sony, Nissan and Toyota that have their own corporate governance principles, and analyses how these firms applied them to create better corporate governance system.
日本経営学会の論文
2003-03-10