Corporate governance (CG) scholars have long expressed concern over mainstream research’s theoretical and methodological limitations, which often rely on oversimplified “input and output” understandings that focus solely on achieving an optimal balance between variables. This approach is particularly problematic because it tends to prioritize the narrowly defined financial interests of shareholders, leading to an overabundance of simplistic theories that fail to capture the complexities of CG.
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This paper is published in Handbook of Research Methods for Corporate Governance
Author: Matthew Sorola