Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/327072 
Year of Publication: 
2025
Citation: 
[Journal:] BRQ Business Research Quarterly [ISSN:] 2340-9444 [Volume:] 28 [Issue:] 2 [Year:] 2025 [Pages:] 336-348
Publisher: 
Sage Publishing, London
Abstract: 
This essay explores the evolving landscape of corporate governance amid global disruptions and changing stakeholder demands. We argue that traditional governance models are unable to effectively address contemporary challenges such as technological advancements, sustainability pressures, and geopolitical conflicts. While corporate governance has traditionally prioritized financial metrics and majority shareholders, there is a growing shift toward incorporating broader societal and environmental considerations. As a result, we highlight the need for a new corporate governance framework that supports the evolving nature of organizations and their corporate governance practices. We argue that the future of corporate governance must integrate ethical leadership, transparency, and a commitment to sustainability to remain relevant in a rapidly changing global marketplace. We conclude by suggesting research areas that require deeper exploration to build robust corporate governance systems.
Subjects: 
Corporate governance
stakeholders
governance mechanisms
board of directors
JEL: 
A10
A13
D21
F23
G34
L2
M14
P48
Q56
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article

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