Corporate Lobbying – The Tradeoff Between Payback, Accountability/Responsibility, and Democracy
Keywords:
Accountability, Corporate Governance, DemocracyAbstract
The U.S. has perfected a legal system that is considered corruption in other countries of the world, thereby giving corporations an excellent avenue for revenue enhancement. This phenomenon is also a result of the continued degradation of corporate governance, the Principle–Agent accountability, and a dissolution of the boundaries between corporations and their political pendants, i.e. democracy. This paper attempts to lay out a general framework of democracy and the role of economic actors within this framework drawing on the principles of corporate governance and the checks and balances of the Principle-Agency theory.
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Published
2016-03-01
How to Cite
Kibler, B. A., & Kibler, K. V. (2016). Corporate Lobbying – The Tradeoff Between Payback, Accountability/Responsibility, and Democracy. Journal of Leadership, Accountability and Ethics, 13(1). Retrieved from https://mail.articlegateway.com/index.php/JLAE/article/view/1928
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