Indicação de leitura: The cultural grammar of governance: The UK Code of Corporate Governance, refle

The cultural grammar of governance: The UK Code of Corporate Governance, reflexivity, and the limits of 'soft regulation'

Human Relations, vol. 69, n. 3, 581-603, 2016

doi: 10.1177/0018726715593160

Jeroen Veldman

Hugh Willmott

Texto completo: PDF

We identify limits of ‘reflexive governance’ by examining the UK Code of Corporate Governance that is celebrated for its ‘reflexivity’. By placing the historical genesis of the Code within its politico-economic context, it is shown how its scope and penetration is impeded by a shallow, ‘single loop’ of reflexivity. Legitimized by agency theory, the Code is infused by a ‘cultural grammar’ that perpetuates relations of shareholder primacy as it restricts accountability to narrow forms of information disclosure directed exclusively at shareholders. Engagement of a deeper, ‘double loop’ reflexivity allows account to be taken of the historical conditions and theoretical conceptions that shape practices and outcomes of corporate governance. Only then is it possible to disclose, challenge and reform narrow conceptions, boundaries and workings of ‘reflexive governance’.

Fonte: http://hum.sagepub.com/content/69/3/581.abstract?rss=1