A Paradigm Shift in Holistic Corporate Governance: Critical Re-evaluation of Shareholder Primacy
Keywords:
Corporate Governance, Shareholder Primacy, Sustainability, Stakeholder Value, Regulatory Frameworks, Holistic Models, Ethical Considerations, Corporate ResponsibilityAbstract
This article examines the evolving paradigm of corporate governance with a focus on holistic approaches that challenge the traditional shareholder primacy model. Utilizing a mixed-methods approach, the study synthesizes data from global corporations to unravel how integrated governance models enhance sustainability and stakeholder value. The findings reveal a pronounced shift towards inclusive governance structures that prioritize long-term resilience and ethical considerations. This study underscores the necessity for regulatory frameworks to adapt to these paradigm shifts, promoting a broader understanding of corporate responsibility.
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