Corporate governance, accountability and mechanisms of accountability: an overview
Authors: Brennan, Niamh M.; Solomon, Jill
Source: Accounting, Auditing & Accountability Journal, Volume 21, Number 7, 2008 , pp. 885-906(22)
Publisher: Emerald Group Publishing Limited
Abstract:Purpose ‐ This paper aims to review traditional corporate governance and accountability research, to suggest opportunities for future research in this field. Design/methodology/approach ‐ The first part adopts an analytical frame of reference based on theory, accountability mechanisms, methodology, business sector/context, globalisation and time horizon. The second part of the paper locates the seven papers in the special issue in a framework of analysis showing how each one contributes to the field. The paper presents a frame of reference which may be used as a "roadmap" for researchers to navigate their way through the prior literature and to position their work on the frontiers of corporate governance research. The paper is primarily discursive and conceptual. Findings ‐ The paper encourages broader approaches to corporate governance and accountability research beyond the traditional and primarily quantitative approaches of prior research. Broader theoretical perspectives, methodological approaches, accountability mechanism, sectors/contexts, globalisation, and time horizons are identified. Research limitations/implications ‐ Greater use of qualitative research methods are suggested, which present challenges particularly of access to the "black box" of corporate boardrooms. Originality/value ‐ Drawing on the analytical framework, and the papers in the special issue, the paper identifies opportunities for further research of accountability and corporate governance.
Document Type: Research Article
Publication date: September 19, 2008