Purpose

By reviewing prior scholarly corporate governance (CG) literature and a review of more recent stakeholder studies, this paper aims to examine the extent to which stakeholders and their interests have gained in importance in recent years compared to the shareholder approach, which is dominant in many national economies and suggest future research opportunities.

Design/methodology/approach

This study conducts a literature review to examine major findings in prior studies.

Findings

The reviews and analyses provide support for a formal and informal convergence of CG systems towards more stakeholder-oriented elements globally. In general, at the institutional and firm levels, there are remarkable shifts to adopt stakeholder-oriented rules and practices. However, there is limited evidence that all these trends will actually lead to full convergence towards a single stakeholder-oriented governance model.

Originality/value

The paper offers an extensive summary of prior studies that investigate the impact of CG on firm stakeholder-orientation and social performance. Based on the review, this study suggests promising research directions.

中文翻译：

---

全球转向以利益相关者为导向的公司治理？来自学术文献和未来研究机会的证据

目的

通过回顾以前的学术公司治理 (CG) 文献和对最近的利益相关者研究的回顾，本文旨在研究与在许多领域占主导地位的股东方法相比，近年来利益相关者及其利益的重要性增加的程度。国民经济并建议未来的研究机会。

设计/方法/方法

本研究进行了文献回顾，以检查先前研究的主要发现。

发现

审查和分析为 CG 系统在全球范围内向更多以利益相关者为导向的元素的正式和非正式融合提供了支持。总的来说，在机构和公司层面，采用以利益相关者为导向的规则和实践发生了显着转变。然而，有限的证据表明所有这些趋势实际上会导致完全趋同于以利益相关者为导向的单一治理模式。

原创性/价值

这篇论文对之前的研究进行了广泛的总结，这些研究调查了公司治理对公司利益相关者导向和社会绩效的影响。根据综述，本研究提出了有前景的研究方向。