Description
In this essay, the authors present an honest view of the flaw with corporate governance that is formulated upon a mindset of rules to control the behaviour of corporations. They believe that the penchant for treating a corporation as having a life of its own is a result of the granting of legal personality to corporations. Evidence of corporate scandals by individuals of corporations only legitimise further their call to regulators and leaders of corporations to shift their thinking paradigm to adopt a governance structure that is principle- and values-based and human-centric one that is termed Human Governance.
In explaining the meaning of human governance, the authors provide a definition of what it means to be human and revisit the meaning of governance. The process of governing corporations to the decision-making process is related in This Business Called Life.M The authors also highlight the implications of the assumptions of objective reality inherited from classical science, including the issue of measurement in today's knowledge-based economy. The adoption of human governance supplemented by the existing framework of corporate governance regulations will lead to public trust being better preserved for human well-being.
ISBN:9789833698974
