Shareholders as Principals

Shareholders Should Welcome Knowledge Workers as Directors

The most influential approach of corporate governance, the view of shareholders’ supremacy does not take into consideration that the key task of modern corporations is to generate and transfer firm-specific knowledge. It proposes that, in order to overcome the widespread corporate scandals, the interests of top management and directors should be increasingly aligned to shareholder’ interests by...

Shareholders Should Welcome Employees as Directors

The most influential theory of corporate governance, principal agency theory, does not take into consideration that the key task of modern corporations is to generate and transfer firm-specific knowledge. It proposes that, in order to overcome the widespread corporate scandals, the interests of top management and directors should be increasingly aligned to shareholder interests by making the bo...

The Empowering Principal: Leadership Behaviors Needed by Effective Principals as Identified by Emerging Leaders and Principals

This qualitative study was designed to provide insight into effective behaviors and competencies of building principals in which leadership is broadly shared under the concept of empowerment. Principals and teacher leaders responded to five essential questions regarding what works, what does not work, the incentives, and the costs of principal leadership behaviors under empowerment paradigms. E...

Can Principals Promote Teacher Development as Evaluators? A Case Study of Principals' Views and Experiences.

PURPOSE New teacher evaluation systems have expanded the role of principals as instructional leaders, but little is known about principals' ability to promote teacher development through the evaluation process. We conducted a case study of principals' perspectives on evaluation and their experiences implementing observation and feedback cycles to better understand whether principals feel as tho...

Shareholders’ Pre-Emptive Rights