caa a22 4500 44586270X CHVBK 20180317145448.0 cr unu---uuuuu 170323e20110801xx s 000 0 eng 10.1007/s10997-010-9135-4 doi (NATIONALLICENCE)springer-10.1007/s10997-010-9135-4 Corporate governance and stakeholder conflict [Elektronische Daten] [Michael Carney, Eric Gedajlovic, Sujit Sur] The stakeholder management literature is dominated by the ‘shareholder value' and ‘inclusive stakeholder' views of the corporation. Each views the governance problem in terms of inter-functional conflicts between stakeholder groups, such as between investors and managers or managers and employees, and rests on the assumption of an idealized corporate structure characterized by the separation of ownership from management. Our review of corporate governance and stakeholder conflict shows that such functional-based characterization is too simplistic and fails to account for important intra-functional conflict. Through a comparative review that considers managerial, stakeholder and family systems of governance, we demonstrate that, while the modality of conflict varies by system, substantial intra-functional conflict is endemic to each. We integrate the findings of the agency and comparative stakeholder theories of corporate governance to offer an authority-based framework with three different governance structures that offers complementary insights into stakeholder conflicts. Thus, our study highlights the important, but often neglected, intra-stakeholder type of conflict in various organizations and provides a basis for understanding their various manifestations and consequences under the different systems of governance. Springer Science+Business Media, LLC., 2010 Stakeholder salience nationallicence Stakeholder theory nationallicence Shareholder value nationallicence Governance systems nationallicence Carney Michael John Molson School of Business, Concordia University, 1455 de Maisonneuve Blvd. West, Montréal, QC, Canada aut Gedajlovic Eric School of Business, Simon Fraser University, Vancouver, BC, Canada aut Sur Sujit School of Business, Dalhousie University, 6100 University Avenue, Halifax, NS, Canada aut Journal of Management & Governance Springer US; http://www.springer-ny.com 15/3(2011-08-01), 483-507 1385-3457 15:3<483 2011 15 10997 https://doi.org/10.1007/s10997-010-9135-4 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s10997-010-9135-4 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Carney Michael John Molson School of Business, Concordia University, 1455 de Maisonneuve Blvd. West, Montréal, QC, Canada aut NATIONALLICENCE 700 1- Gedajlovic Eric School of Business, Simon Fraser University, Vancouver, BC, Canada aut NATIONALLICENCE 700 1- Sur Sujit School of Business, Dalhousie University, 6100 University Avenue, Halifax, NS, Canada aut NATIONALLICENCE 773 0- Journal of Management & Governance Springer US; http://www.springer-ny.com 15/3(2011-08-01), 483-507 1385-3457 15:3<483 2011 15 10997 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer