Read the article “Rethinking Governance in Management Research” and watch the Corporate Governance & Strategy at Times of Uncertainty| Lars Kolind at Wharton video.
Answer questions 1-3 (in bold) in a three to four page APA style paper assessing the relationship between the firm’s corporate governance and the firm’s strategic plan. Support your answers using the text, “Rethinking Governance in Management Research,” and the provided video in addition to any other articles of your choice in the Ashford Online Library dealing with the topic of corporate governance (minimum three sources are needed).
- According to Lars Kolind (2013), corporate governance is much more than meeting official guidelines; it is the essence of leadership. State your level of agreement or disagreement with this statement and provide a thorough justification.
- Identify all stakeholders under the umbrella of corporate governance and explain how each stakeholder is impacted by this concept in particular. Please Support your arguments with sources and industry examples.
Corporate goverance provides us with the processing framework of how a particular company is directed and controlled. “A growing stream of studies are examining corporate governance in relationship to external environmental processes, including changes in regulations, shifting stakeholder pressures, and emerging social policies” (Tihanyi, Graffin, & George, 2015, p.4). Please focus on two specific examples where the external environment impacted corporate governance of the company of your choice