Corporate Governance as a Viable System: the Role of Intra- and Inter-Systemic Relationships

Abstract

Governance is the set of structural features needed to effectively manage a company oriented toward the creation of value. Starting by considering an organization as a viable system, whose ability to survive depends on actions by the governing board and the pressure and expectations expressed by the various super-systems, it is possible to answer the following questions: what is meant by corporate system governance? Under what conditions is such governance effective? The answer to these questions starts from framing the problem within a systemic approach to corporate governance.

Keywords

• corporate governance
• management
• intra- and inter-systemic relationships
• corporate governance as a viable system
• value creation