TY - CHAP
T1 - Corporate Governance and Grand Societal Challenges: Organization-Centric and Problem-Centric Perspectives
AU - Pop, Madalina
AU - Kunisch, Sven
AU - Aagaard, Annabeth
PY - 2023
Y1 - 2023
N2 - The notion of 'grand challenges'-that is, large and complex problems facing humankind, such as climate change, decreased biodiversity, poverty, and inequality-has emerged as a key concern in various fields of management and organization studies. In this chapter, we discuss the role of governance, and specifically corporate governance, in causing and tackling grand societal challenges. We identify two perspectives on governance of grand societal challenges in the growing body of knowledge: an organization-centric perspective that puts business organizations at the center, and a problem-centric perspective, which takes problems as a starting point. These perspectives differ fundamentally with respect to their assumptions, research foci, and implications. We aim with this chapter to advance our understanding of governing grand challenges, to stimulate future research within and across the two perspectives, and to provide insights for practicing managers and policymakers.
AB - The notion of 'grand challenges'-that is, large and complex problems facing humankind, such as climate change, decreased biodiversity, poverty, and inequality-has emerged as a key concern in various fields of management and organization studies. In this chapter, we discuss the role of governance, and specifically corporate governance, in causing and tackling grand societal challenges. We identify two perspectives on governance of grand societal challenges in the growing body of knowledge: an organization-centric perspective that puts business organizations at the center, and a problem-centric perspective, which takes problems as a starting point. These perspectives differ fundamentally with respect to their assumptions, research foci, and implications. We aim with this chapter to advance our understanding of governing grand challenges, to stimulate future research within and across the two perspectives, and to provide insights for practicing managers and policymakers.
KW - Collaboration
KW - Collective action
KW - Coordination
KW - Corporate governance
KW - Grand challenges
KW - UN Sustainable Development Goals
UR - http://www.scopus.com/inward/record.url?scp=85151657312&partnerID=8YFLogxK
M3 - Book chapter
AN - SCOPUS:85151657312
SN - 9781800880597
T3 - Research Handbooks in Business and Management series
SP - 383
EP - 420
BT - Research Handbook on Corporate Governance and Ethics
A2 - Talaulicar, Till
PB - Edward Elgar Publishing
CY - Cheltenham
ER -