Goergen (finance, Cardiff U.) et al. review the legal aspects of corporate governance with particular emphasis on the objective of the corporation, examine whether corporate governance affects
performance, and propose complexity theory as a way to analyze the complex relationships between the corporation and its stakeholders. Building on a study funded by the Economic & Social
Research Council (ESRC), the text describes the enabling environment created in one global organization to facilitate ethical behavior and an awareness of risk, and assesses relevant literature
on networks, path dependence, co-evolution, emergence, and reflexive adaptive systems. Annotation 穢2011 Book News, Inc., Portland, OR (booknews.com)
