Agenda
The epistemic fault line in corporate governance< Back
Place
Barcelona: Q-401/Madrid: auditorio, Barcelona: Q-401/Madrid: auditorio
Time
15:30h
Description
An epistemic fault line separating positive from normative concepts underlies theories of corporate governance. I analyze this fault line in order to show the importance of clarifying normative assumptions in governance models. I formulate an impossibility theorem for corporate governance that demonstrates how contemporary theories neglect normative concepts. Applying the theorem clears the way both for the better use of existing models and for the design of more epistemologically sophisticated models.
Coordinator
Professor Antonino Vaccaro
Speaker
Thomas Donaldson / The Wharton School, University of Pennsylvania
Organization
División de Investigación
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