The invention, innovation and diffusion of self-regulation in corporate governance

    Research output: Contribution to journalArticle

    Abstract

    In this article the self-regulation of corporate governance is examined within the framework of Schumpeter's ideas on invention, innovation and diffusion; a framework which is more usually applied to technological change. The article has two aims: to present recent developments relating to the corporate governance debate and to suggest that Schumpeter's model could be applied, with modifications, to this and possibly other areas of the law. The claims which are made in respect of each aim are fairly modest. The contribution to the corporate governance debate is one of synthesis. This article brings together for the first time corporate governance codes developed for use in three different settings. It shows how the development of these codes can be seen as the diffusion of a technology, but with incremental innovation. In relation to wider applications, Schumpeter's model is merely proffered as one which could usefully be adapted in the future.
    Original languageEnglish
    Pages (from-to)322-334
    Number of pages13
    JournalNorthern Ireland Legal Quarterly
    Volume47
    Issue number3
    Publication statusPublished - 1996

    Fingerprint

    Invention
    Innovation
    Joseph Schumpeter
    Corporate governance
    Self-regulation
    Corporate governance codes
    Technological change
    Incremental innovation

    Keywords

    • Company law
    • Accountability
    • Codes of practice
    • Corporate governance
    • Economics and law

    Cite this

    @article{2063938902a947af9bceeed75e2c557b,
    title = "The invention, innovation and diffusion of self-regulation in corporate governance",
    abstract = "In this article the self-regulation of corporate governance is examined within the framework of Schumpeter's ideas on invention, innovation and diffusion; a framework which is more usually applied to technological change. The article has two aims: to present recent developments relating to the corporate governance debate and to suggest that Schumpeter's model could be applied, with modifications, to this and possibly other areas of the law. The claims which are made in respect of each aim are fairly modest. The contribution to the corporate governance debate is one of synthesis. This article brings together for the first time corporate governance codes developed for use in three different settings. It shows how the development of these codes can be seen as the diffusion of a technology, but with incremental innovation. In relation to wider applications, Schumpeter's model is merely proffered as one which could usefully be adapted in the future.",
    keywords = "Company law, Accountability, Codes of practice, Corporate governance, Economics and law",
    author = "Alice Belcher",
    note = "dc.publisher: SLS Legal Publications (NI)",
    year = "1996",
    language = "English",
    volume = "47",
    pages = "322--334",
    journal = "Northern Ireland Legal Quarterly",
    issn = "0029-3105",
    publisher = "Queen's University Belfast, School of Law",
    number = "3",

    }

    The invention, innovation and diffusion of self-regulation in corporate governance. / Belcher, Alice.

    In: Northern Ireland Legal Quarterly, Vol. 47, No. 3, 1996, p. 322-334.

    Research output: Contribution to journalArticle

    TY - JOUR

    T1 - The invention, innovation and diffusion of self-regulation in corporate governance

    AU - Belcher, Alice

    N1 - dc.publisher: SLS Legal Publications (NI)

    PY - 1996

    Y1 - 1996

    N2 - In this article the self-regulation of corporate governance is examined within the framework of Schumpeter's ideas on invention, innovation and diffusion; a framework which is more usually applied to technological change. The article has two aims: to present recent developments relating to the corporate governance debate and to suggest that Schumpeter's model could be applied, with modifications, to this and possibly other areas of the law. The claims which are made in respect of each aim are fairly modest. The contribution to the corporate governance debate is one of synthesis. This article brings together for the first time corporate governance codes developed for use in three different settings. It shows how the development of these codes can be seen as the diffusion of a technology, but with incremental innovation. In relation to wider applications, Schumpeter's model is merely proffered as one which could usefully be adapted in the future.

    AB - In this article the self-regulation of corporate governance is examined within the framework of Schumpeter's ideas on invention, innovation and diffusion; a framework which is more usually applied to technological change. The article has two aims: to present recent developments relating to the corporate governance debate and to suggest that Schumpeter's model could be applied, with modifications, to this and possibly other areas of the law. The claims which are made in respect of each aim are fairly modest. The contribution to the corporate governance debate is one of synthesis. This article brings together for the first time corporate governance codes developed for use in three different settings. It shows how the development of these codes can be seen as the diffusion of a technology, but with incremental innovation. In relation to wider applications, Schumpeter's model is merely proffered as one which could usefully be adapted in the future.

    KW - Company law

    KW - Accountability

    KW - Codes of practice

    KW - Corporate governance

    KW - Economics and law

    M3 - Article

    VL - 47

    SP - 322

    EP - 334

    JO - Northern Ireland Legal Quarterly

    JF - Northern Ireland Legal Quarterly

    SN - 0029-3105

    IS - 3

    ER -