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dc.contributor.authorPitelis, Christos N.
dc.date.accessioned2019-01-23T06:41:34Z
dc.date.available2019-01-23T06:41:34Z
dc.date.issued2013-12
dc.identifier.citationhttps://adu.on.worldcat.org/oclc/5535408842en_US
dc.identifier.urihttps://dspace.adu.ac.ae/handle/1/1498
dc.descriptionPitelis, C. N. (2013). Towards a more ‘ethically correct’governance for economic sustainability. Journal of Business Ethics, 118(3), 655-665.en_US
dc.description.abstractIn this paper, we propose that economic sustainability is seen in terms of (inter-temporal and inter-national) value creation. We claim that value appropriation (or capture), can become a constraint to economic sustainability. We propose that for sustainable value creation to be fostered, corporate governance needs to be aligned to public and supra-national governance. In order to achieve this, a hierarchically layered set of ‘agencies’, needs to be diagnosed and the issue of incentive alignment addressed. Enlightened self-interest, pluralism and diversity, as well as a representative supra-national organisation for world-wide economic sustainability can serve as a new, more ‘ethically correct’ governance for economic sustainability, but not a panacea.en_US
dc.language.isoenen_US
dc.publisherSpringeren_US
dc.subjectGovernanceen_US
dc.subjectEconomic sustainabilityen_US
dc.subjectAgencyen_US
dc.subjectValue creation and captureen_US
dc.titleTowards a More 'Ethically Correct' Governance for Economic Sustainabilityen_US
dc.title.alternativeJournal of Business Ethicsen_US
dc.typeArticleen_US
dc.identifier.doihttps://doi.org/10.1007/s10551-012-1616-8


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