Corporate Governance as a Viable System: the Role of Intra- and Inter-Systemic Relationships

• Main Authors: Gaetano M. Golinelli, Gianluca Vagnani
• Format: Article
• Language: English
• Published: Niccolò Cusano University-Rome 2002-12-01
• Series: Symphonya
• Subjects: corporate governance; management; intra- and inter-systemic relationships; corporate governance as a viable system; value creation
• Online Access: https://symphonya.unicusano.it/article/view/9153

Governance is the set of structural features needed to effectively manage a company oriented toward the creation of value. Starting by considering an organization as a viable system, whose ability to survive depends on actions by the governing board and the pressure and expectations expressed by the various super-systems, it is possible to answer the following questions: what is meant by corporate system governance? Under what conditions is such governance effective? The answer to these questions starts from framing the problem within a systemic approach to corporate governance.