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The Paradox of Disclosure

Antonsson, Björn (2006)
Department of Law
Abstract
The paper presents the development and outlines initiatives taken by the Swedish government, and the European Union in order to address issues of declining trust and confidence for the business society. The paper will be structured and partly analyzed based on institutional theory, introducing regulative, normative and cognitive perspectives of the issues. Relevant corporate theories are creating fundament for the applied institutional theory to follow. Several legislative proposals will be comprehensively presented in the regulative pillar of the theory, accompanied with the Swedish Code of Corporate Governance in the normative. The cognitive pillar of the institutional theory is accommodating the patterns that the initiatives aim to... (More)
The paper presents the development and outlines initiatives taken by the Swedish government, and the European Union in order to address issues of declining trust and confidence for the business society. The paper will be structured and partly analyzed based on institutional theory, introducing regulative, normative and cognitive perspectives of the issues. Relevant corporate theories are creating fundament for the applied institutional theory to follow. Several legislative proposals will be comprehensively presented in the regulative pillar of the theory, accompanied with the Swedish Code of Corporate Governance in the normative. The cognitive pillar of the institutional theory is accommodating the patterns that the initiatives aim to address, and therefore extra aspects of trust and behavioural patterns is outlined herein. Furthermore, the model will be redesigned and used to emphasize the ability for an institution to affect other pillars than those where access is approved. The proposals for legislation is targeting aspects of enhanced transparency, through disclosure standards and deciding exclusivity by corporate organs on executive compensation. Focus is to create comprehensive understanding of the development for the actions taken by the government and the European Union. Conflicts between business purposes and intervening legislative initiatives, and there from deriving contra productive consequences will be presented. Tendencies and trends, more or less connected with stricter legislative and regulative standards are briefly introduced. (Less)
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author
Antonsson, Björn
supervisor
organization
year
type
H3 - Professional qualifications (4 Years - )
subject
keywords
Förmögenhetsrätt, Associationsrätt, Civilrätt; oklassificerad, Företagsekonomi
language
English
id
1555853
date added to LUP
2010-03-08 15:55:18
date last changed
2010-03-08 15:55:18
@misc{1555853,
  abstract     = {The paper presents the development and outlines initiatives taken by the Swedish government, and the European Union in order to address issues of declining trust and confidence for the business society. The paper will be structured and partly analyzed based on institutional theory, introducing regulative, normative and cognitive perspectives of the issues. Relevant corporate theories are creating fundament for the applied institutional theory to follow. Several legislative proposals will be comprehensively presented in the regulative pillar of the theory, accompanied with the Swedish Code of Corporate Governance in the normative. The cognitive pillar of the institutional theory is accommodating the patterns that the initiatives aim to address, and therefore extra aspects of trust and behavioural patterns is outlined herein. Furthermore, the model will be redesigned and used to emphasize the ability for an institution to affect other pillars than those where access is approved. The proposals for legislation is targeting aspects of enhanced transparency, through disclosure standards and deciding exclusivity by corporate organs on executive compensation. Focus is to create comprehensive understanding of the development for the actions taken by the government and the European Union. Conflicts between business purposes and intervening legislative initiatives, and there from deriving contra productive consequences will be presented. Tendencies and trends, more or less connected with stricter legislative and regulative standards are briefly introduced.},
  author       = {Antonsson, Björn},
  keyword      = {Förmögenhetsrätt,Associationsrätt,Civilrätt; oklassificerad,Företagsekonomi},
  language     = {eng},
  note         = {Student Paper},
  title        = {The Paradox of Disclosure},
  year         = {2006},
}